Christine Hunsicker, former CEO of clothing inventory monetization startup CaaStle, faces charges of defrauding investors of over $300 million during her six-year tenure. The Associated Press reports that Hunsicker, once lauded as a promising fashion entrepreneur, allegedly misled investors regarding the company's financial performance and growth prospects. The charges mark a significant downfall for the executive and raise questions about due diligence practices within the venture capital space. The case is ongoing, and further details are expected to emerge as the legal proceedings unfold.