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Securities,
Civil Litigation

Jul. 11, 2019

Startup incubator shutters as founder faces securities fraud allegations

A San Diego startup incubator has shut down as its founder faces accusations he used a dating website to scam a woman out of $600,000.

A San Diego startup incubator has shut down as its founder faces accusations in a lawsuit that he used a dating website to scam a woman out of $600,000.

The incubator, ThinkTank Innovation Inc., launched last year and was housing 11 start-ups. Founder Mark Bernier internally announced the nonprofit was closing on Monday, as reported by the San Diego Union-Tribune. Bernier did not respond to requests for comment, and calls to the no...

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