Bernhard Fritsch, a fugitive ex-CEO, is wanted by the FBI after $35 million fraud conviction. He was once a tech entrepreneur with Hollywood connections, a Malibu mansion and a startup that promised to help celebrities and influencers make money from their online fame. Now, German-born entrepreneur Bernhard Eugen Fritsch is a fugitive wanted by the FBI, which has offered a reward of up to $150,000 for information leading to his arrest and conviction.The 65-year-old former CEO was recently added to the FBI’s newly created Most Wanted Fraudsters list after fleeing the US following his conviction for wire fraud. The FBI believes Fritsch is now living in or around Munich, Germany.Social media scamFritsch's alleged fraud centred on StarClub Inc, a technology company he founded in California. The company developed software and an app called StarSite that purportedly allowed celebrities and social media influencers to monetise their brand endorsements.Between January 2014 and August 2017, Fritsch raised approximately $35 million from investors, according to the FBI. Prosecutors alleged that he misrepresented StarClub's business prospects, including claiming that the company had or was pur...










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