New details are emerging in the shocking accusations engulfing GameOn chatbot platform founder Alexander Charles Beckman and his wife, Valerie Lau.

The Securities and Exchange Commission alleged the duo faked an audit report with the logo and signature of Big 4 accounting firm PwC that it sent to investors along with phony financials claiming millions in revenue from supposed customers like the NBA, NHL, PGA and Coca-Cola. The reality, authorities said, is that PwC never audited GameOn, and those other organizations either never worked with GameOn—or the contracts involved the chatbot platform paying them to use their branded content in some cases. Beckman, 41, and Lau, 38, were arrested this past week in San Francisco and face a combined 25 counts in an indictment filed in the U.S. District Court for the Northern District of California. The couple allegedly managed to raise $60 million from investors using deceptive means, the indictment states, and instead of investing in the business, they used the money to pay for their wedding venue, posh new residences in San Francisco, a Tesla, and private school tuition for Beckman’s children. Meanwhile, the indictment states the company barely had enough cash on hand to make payroll, and often missed it or paid employees late for their work.

Menu