Joanna Smith-Griffin allegedly lied to investors as chief executive of AllHere, creator of Los Angeles Unified School District's AI tool “Ed,” since unplugged.
The head of an education technology startup that created a highly touted chatbot for the Los Angeles school system has been arrested and charged with fraud. Federal prosecutors, in an indictment unsealed Tuesday, accused Joanna Smith-Griffin of defrauding investors and charged her with securities fraud, wire fraud and aggravated identity theft.
AllHere is now in Chapter 7 bankruptcy, its employees have been laid off, and the company is under the control of a court-appointed bankruptcy trustee, according to the U.S. attorney's office. Authorities said Smith-Griffin was arrested Tuesday in North Carolina and was set to appear before a magistrate judge. According to the indictment, from about November 2020 to around June 2024, Smith-Griffin misrepresented AllHere’s revenue, customer base and cash to investors.
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