This Week in Startups

32 Million Dollar Fraud? Delve Scandal | E2266

March 24, 2026|Original: 1h 26m|10 key insights|5 min read

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Key Insights

The $32M Delve fraud scandal: 500 boilerplate compliance reports with identical errors across different companies—basically 'copy-paste with logo swap'

How to spot fraud before you invest: The one question that separates liars from hustlers—and why a 30-minute demo would've caught Delve immediately

Securities fraud confession: When founders exaggerate AND raise money simultaneously, that's a federal crime (people go to prison for this)

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