Another unicorn goes poof! Feds charge Mozido founder with fraud

A reveller, dressed as a unicorn, celebrates the sunrise during the winter solstice at Stonehenge on Salisbury Plain in southern England December 21, 2012. The winter solstice is the shortest day of the year, and the longest night of the year. REUTERS/Kieran Doherty (BRITAIN - Tags: ANNIVERSARY ENVIRONMENT SOCIETY TPX IMAGES OF THE DAY) - GM1E8CL1LWW01
The Securities and Exchange Commission has charged Michael Liberty, founder of fintech unicorn Mozido, with fraud, alleging that he bilked hundreds of investors to pay for his lavish lifestyle. The SEC claims Liberty and four associates — including his wife Brittany and friend Paul Hess, owner of Braintree ...

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