EdTech CEO Arrested for $10M Fraud

In a plot twist worthy of a tech thriller, Joanna Smith-Griffin, ex-CEO of AllHere Education and a Forbes '30 Under 30' star, was nabbed in North Carolina on fraud charges this week. Allegedly, she misled investors by inflating revenues and faking school contracts, pocketing $10M since 2020. AllHere, famed for its AI chatbot 'Ed' aiming to boost student attendance, has been bankrupt since June 14, 2024. Smith-Griffin now faces serious securities and wire fraud charges.