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The surprising details of fashion entrepreneur Christine Hunsicker’s fraud indictment

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Clothing tech entrepreneur and CaaStle founder Christine Hunsicker is out on $1 million bail after she was charged on six counts of cheating customers out of more than $300 million over the past six years in a complex fraud scheme that inlcuded wire fraud, securities fraud, money laundering, making false statements to a financial institution, and aggravated identity theft.

Hunsicker pleaded not guilty in a Manhattan federal court on Friday, after she turned herself in to authorities, and could face decades in prison if convicted, according to CNBC, who reported that the Securities and Exchange Commission (SEC) filed a related civil lawsuit.

Here’s what to know about the indictment.

Jay Clayton, the U.S. attorney for the Southern District of New York, who was working with the FBI,

© Fast Company