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CaaStle Founder Christine Hunsicker Sentenced to Five Years for $300M Fraud

Christine Hunsicker, former CEO of clothing-rental startup CaaStle, has been sentenced to five years in prison after being convicted of orchestrating roughly $300 million in investor fraud. Her defense argued a brain injury from a falling mirror erased her memory and judgment during the years the fraud occurred, but prosecutors pointed to incriminating search history and inflated revenue figures as evidence of deliberate deception.