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US charges former Linqto CEOs in $450M fraud

Published Wednesday, September 2, 2026 · Updated September 3

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  • Single-Source Coverage1 source

What We Know — Key Points

  • U.S. prosecutors announced on Wednesday criminal fraud charges against two former chief executive officers of Linqto over their alleged roles in a $450 million scheme to defraud thousands of investors.

What Is Claimed — Perspectives

Single-Source Coverage
  • Channel News Asia

    US prosecutors have charged two former CEOs of Linqto, William Sarris and Joseph Endoso, in a $450 million "pre-IPO" fraud scheme, with Endoso pleading guilty and cooperating with authorities. Sarris, the founder, is accused of manufacturing "false scarcity" and charging excessive markups on private company shares.

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