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Keyword: joonko

AI-Powered Diversity Recruiting Firm Joonko in Chaos as CEO Accused of ‘Staggering’ Fraud

06/26/2023 5:42:28 PM PDT · by nickcarraway · 10 replies
New York Post ^ | June 26, 2023 | Thomas Barrabi

Joonko, a New York City-based startup that created an AI-powered job board to improve diversity in hiring, is on the brink of collapse after its CEO allegedly duped investors with an elaborate scheme to exaggerate the size of the company’s business. Joonko founder and CEO Ilit Raz resigned after an internal probe found she had “engaged in egregious, unethical and fraudulent conduct, which caused harm to the company and its shareholders,” the startup’s board of directors said in a statement obtained by The Post. Raz allegedly misled investors by claiming Joonko was working with 150 companies “when in practice the...

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