# CaaStle

Type: Company

Source: SaaS Intelligence Brief — https://getsaasbrief.com/entity/caastle
Canonical HTML page: https://getsaasbrief.com/entity/caastle

## Timeline

- **2026-03-04**: Guilty Plea — Hunsicker pleads guilty to securities fraud and agrees to $300M forfeiture in Manhattan federal court.
- **2025-07-01**: Criminal Charges — Federal prosecutors charge Hunsicker with six criminal counts including securities fraud.
- **2025-06-01**: Bankruptcy Filing — CaaStle files for Chapter 7 bankruptcy liquidation.
- **2019-02-01**: Fraud Scheme Begins — Start of the six-year period of misrepresenting financials to venture capital investors.
- **2016-01-01**: Industry Recognition — Hunsicker named to Inc. Most Impressive Women Entrepreneurs and Crain's 40 Under 40.

## Recent coverage (1 stories)

### CaaStle Founder Pleads Guilty in $300 Million 'Clothing-as-a-Service' Fraud
2026-03-05 02:13:53 · Sentiment: Strongly negative · Impact: 7/10 · Sources: 2

Christine Hunsicker, founder of fashion tech startup CaaStle, pleaded guilty to securities fraud after fabricating over $400 million in revenue to maintain a $1.4 billion valuation. The scheme involved forged audits and fake secondary share sales to deceive hundreds of venture capital investors.
Full story: https://getsaasbrief.com/story/caastle-founder-guilty-300m-fraud

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