Slync

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....

The Daily Dash: Some advice for Pete Buttigieg; Strong earnings season continues

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, FreightWaves’ editorial staff offers up suggestions for new U.S. Department of Transportation Secretary Pete Buttigieg. Plus, a number of companies released strong earnings in the past two days, including Echo Global Logistics and Old Dominion Freight Lines, and looking back at Jeff Bezos’ logistics legacy.

Welcome, Secretary Pete, here are a few ideas to get you started

Pete Buttigieg has taken over...

https://www.freightwaves.com/news/the-daily-dash-some-advice-for-pete-buttigieg-strong-earnings-season-continues