US investigators are advancing a criminal probe into Builder.ai, demanding a former executive’s communications with the firm’s UK auditor and with others involved in the financial reporting for the artificial intelligence startup ahead of its June bankruptcy.
Federal Bureau of Investigation officers served former Builder.ai Chief Financial Officer Andres Elizondo at a Dallas area airport in August with a subpoena, said people familiar with the matter, asking not to be identified because the information isn’t public. Prosecutors sought information related to alleged violations of laws relating to wire fraud, securities fraud and conspiracy, according to the subpoena reviewed ...
