From 2014 to 2017, prosecutors say, Fritsch raised more than $20 million from investors for his Santa Monica-based tech company StarClub. He claimed the money was to build an application called ...

Founder and CEO of StarClub Inc., Bernhard Eugen Fritsch, was found guilty for an elaborate fraud that fueled his lavish lifestyle, Fox News Digital has learned.

Then in 2017, Eugene McBurney and Bermuda-based hedge fund Harrington Global Opportunities, both of which were investors in StarClub, sued Fritsch on claims of breach of contract and fraud, court ...

Bernhard Eugen Fritsch (right), the founder and CEO of StarClub Inc., was found guilty of one count of wire fraud for lying about the financial success of his tech company, scamming investors and ...

SANTA MONICA (CN) – An entertainment consultant claims in court that a social media company owes him $750,000 for his help getting celebrities to participate in its “web channels.” Haqq Islam and ...

One victim invested more than $20 million in StarClub over the course of two years, based on Fritsch’s false statements. The victim also introduced Fritsch to other victims who invested millions ...

Bernhard Fritsch, founder and CEO of StarClub, is seen on the right alongside Tyrese Gibson during StarClub Inc.’s Private Party hosted by Tyrese Gibson on Nov. 11, 2014, in Santa Monica.

StarClub does not undertake any duty, nor does it intend to update the results of these forward-looking statements. Contacts Pier Communications Cameron Andrews, 562-432-5300 or Mayo & Associates ...

Sabre Graphite Corp. announces, further to its news releases of February 12, 2014 and May 30, 2014, it has terminated the agreement to acquire all the issued shares of StarClub, Inc. The agreement ...

This lawsuit alleges that employees of StarClub "obtained over $35 million in cash from investors on the basis of false representations, presenting their social media company as 'the next big thing.'" ...