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Arizona woman sentenced to over 8 years for $17M North Korean worker scam

NEWYou can now listen to Fox News articles! An Arizona woman is headed to prison for nearly a decade after perpetuating a fraudulent foreign worker scam that benefited the North Korean government.  Christina Marie Chapman, 50, was sentenced to 102 months in a federal lockup for an elaborate scheme that involved helping North Korean residents … Read more

Trader makes $17M by betting against James Wynn’s high-risk strategy 

While James Wynn lost nearly $100 million, another trader made a fortune by consistently taking the opposite side of his trades. One crypto trader earned more than $17 million by betting against controversial crypto fund manager James Wynn. On Friday, May 30, Lookonchain reported that the trader behind wallet address 0x2258 repeatedly mirrored the opposite … Read more

Filed raises $17M to automate the drudgery of tax prep

There is a new accounting software in town, coming in with a fresh $17.2 million raise and a desire to shake things up. The company, Filed, hopes to automate the grunt work. “The tax industry is facing a genuine crisis,” Leroy Kerry, Filed’s co-founder CEO, told TechCrunch. Many CPAs are approaching retirement while a dwindling … Read more

Field raises $17M to automate the drudgery of tax prep

There is a new accounting software in town, coming in with a fresh $17.2 million raise and a desire to shake things up. The company, Field, hopes to automate the grunt work. “The tax industry is facing a genuine crisis,” Leroy Kerry, Field’s co-founder CEO, told TechCrunch. Many CPAs are approaching retirement while a dwindling … Read more

Affiniti’s 20- and 22-year-old founders raise $17M led by SignalFire just 6 months after an $11M seed

Affiniti founders Aaron Bai, 20, and Sahil Phadnis, 22, are building the kind of expense management software for main street small businesses that tech startups have enjoyed for years. Their growth has been so impressive that six months after raising an $11 million seed round, they raised a $17 million Series A, led by Signal … Read more

Y Combinator neobank Djamo raises $17M with 1M users across Francophone Africa

Djamo is one of several digital banking startups targeting Africa’s underbanked. But unlike many that focus on large markets like Nigeria, Egypt, or South Africa, Djamo has carved out a niche in Francophone West Africa, specifically the Ivory Coast and, more recently, Senegal. It now serves over one million customers across both countries. The Y … Read more

Browser Use, the tool making it easier for AI ‘agents’ to navigate websites, raises $17M

We may not have an agreed-upon definition of AI “agent” yet, but a multitude of startups want to create “agentic” tools to automate various tasks online. One such firm, Browser Use, has attracted a ton of interest from developers and investors thanks to its solution that makes websites more “readable” for AI agents. Browser Use … Read more

Rerun’s open source AI platform for robots, drones, and cars revs up with $17M seed

As generative AI moves increasingly into the physical world through robotics, vehicles, and drones, the need to map cloud-based AIs to real-world environments can lead to a huge mismatch. Rerun, a Stockholm-based dev tools startup, which builds a data stack for this emergent kind of “physical AI,” has secured $17 million in seed funding to … Read more

Saudi’s BRKZ closes $17M Series A for its construction tech platform

Construction procurement is highly fragmented, manual, and opaque, forcing contractors to juggle multiple suppliers, endure lengthy negotiations, and deal with delayed payments. In Saudi Arabia, where trillion-dollar infrastructure and real estate projects are underway, these inefficiencies are even more pronounced. To address this, BRKZ, a Riyadh-based construction tech startup, offers a tech-enabled managed marketplace that … Read more

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