Tax startup CEO allegedly faked CPA credentials and company revenue to raise $13.3 million; investors lost everything as funds paid for a home, Tesla and Caribbean wedding

North America Business Fri, 11 Sep 2026 04:48:15 GMT High confidence — 81/100

Federal agents arrested the former head of a Los Angeles tax compliance startup in Fort Lauderdale, Florida, as she was trying to board a luxury cruise ship.
She has been charged with defrauding venture capital funds of more than $13 million (£10 million).
Shiloh Luckey, 42, also known as Shiloh Johnson, was arrested on Sunday and later released on bond by a federal court in Florida, according to a press release from the United States Attorney’s Office for the Central District of California.

Federal agents arrested the former head of a Los Angeles tax compliance startup in Fort Lauderdale, Florida, as she was trying to board a luxury cruise ship.
Shiloh Luckey, 42, also known as Shiloh Johnson, was arrested on Sunday and later released on bond by a federal court in Florida, according to a press release from the United States Attorney’s Office for the Central District of California.

She has been charged with defrauding venture capital funds of more than $13 million (£10 million).

Sources: Times of India, The Independent