Israeli AI startup founder pleads guilty to $27 million fraud scheme in New York...

Startups, tech and business | Sep 12, 2026, 1:40 PM

Ilit Razt, founder and former CEO of the Israeli AI startup Joonko, pleaded guilty in New York to a fraud scheme involving false claims about the company's customers and revenue.

The deception enabled her to raise around $27 million from investors.

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