Ex-Slync CEO Chris Kirchner sentenced to 20 years in prison

Ex-Slync CEO Chris Kirchner was sentenced to 20 years in federal prison Thursday in the U.S. District Court for the Northern District in Fort Worth, Texas.

In his ruling, U.S. District Court Judge Mark T. Pittman also ordered Kirchner, 36, of Westlake, Texas, to pay over $65.4 million in restituion and recommended to the Bureau of Prisons that Kirchner be able to participate in its Inmate Financial Responsibility Program. The judge also seeks to have Kirchner be incarcerated at a facility near...

https://www.freightwaves.com/news/ex-slync-ceo-chris-kirchner-sentenced-to-20-years-in-prison

Slync, winding down operations, to auction off intellectual property

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Logistics visibility platform Slync, which is winding down operations, is having its intellectual...

https://www.freightwaves.com/news/slync-winding-down-operations-to-auction-off-intellectual-property

Amid legal woes, Slync seeks alternative to bankruptcy, winds down operations

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While logistics visibility platform provider Slync had hoped that new management and a $24 million...

https://www.freightwaves.com/news/slync-files-for-bankruptcy-ceases-operations-amid-former-ceos-legal-woes

Former Slync CEO indicted on charges of swindling $25M from investors

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Former Slync CEO Chris Kirchner has been indicted on federal charges that he defrauded investors out...

https://www.freightwaves.com/news/former-slync-ceo-indicted-on-charges-of-swindling-25m-from-investors

Slync lands $24M in fresh funding after tumultuous 2022

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After nine months filled with liquidity issues, executive replacements and fraud charges filed...

Feds charge former Slync CEO in $67 million fraud scheme

Former Slync CEO Chris Kirchner was charged with fraud Tuesday after the Securities and Exchange Commission and the U.S. Department of Justice filed criminal complaints alleging he lied to investors and misappropriated over $28 million from the FreightTech company he helped launch in 2017 to fund his lavish lifestyle.

Kirchner, 35, of Westlake, Texas, was arrested at his home early Tuesday after FBI agents raided the home. He made an initial appearance before U.S. Magistrate Judge Hal R. Ray Jr....

Source claims Slync.io CEO retaliated after suspension

After learning he was being suspended, Slync.io CEO Chris Kirchner retaliated by locking some executives out of the company’s communication channels, a source familiar with the situation says.

Kirchner, who had previously ordered the suspensions of nearly a dozen current and former employees for speaking out about the Dallas-based logistics tech startup’s failure to make payroll, was placed on leave Friday.

Burt White, vice president of global sales at Slync — which received a $60 million Series...

https://www.freightwaves.com/news/source-claims-slyncio-ceo-retaliated-after-suspension

Una fuente afirma que el director general de Slync.io tomó represalias tras su suspensión 

Después de enterarse de que iba a ser suspendido, el director general de Slync.io, Chris Kirchner, tomó represalias bloqueando a algunos ejecutivos de los canales de comunicación de la empresa, dice una fuente familiarizada con la situación. 

Kirchner, que ya había ordenado la suspensión de casi una docena de empleados actuales y antiguos por hablar sobre la falta de pago de las nóminas de la empresa de tecnología logística con sede en Dallas, fue puesto en licencia el viernes. 

Burton White,...

https://www.freightwaves.com/news/una-fuente-afirma-que-el-director-general-de-slync-io-tomo-represalias-tras-su-suspension

Slync.io’s promise to pay employees falls flat after 2 months without wages

Despite Slync.io CEO Chris Kirchner’s claims that the FreightTech company “has solved its liquidity issues,” former and current employees say they want him to make good on his promises and pay them for the two months of wages they are owed. 

One former employee who is familiar with the ongoing late payment situation at Slync says it’s unclear how many employees remain at the company, estimating that two-thirds of the company’s current employees are interviewing or actively searching for new...

https://www.freightwaves.com/news/slyncios-promise-to-pay-employees-falls-flat-after-2-months-without-wages