A Malibu man faces up to 20 years in federal prison after being convicted of wire fraud and a scheme deceiving investors out ...

A Malibu man was convicted of fraud after he lied to raise more than $20 million for an app that would help influencers ...

Founder and CEO of StarClub Inc., Bernhard Eugen Fritsch, was found guilty for an elaborate fraud that fueled his lavish ...

Malibu Man Convicted for Over $20 Million in Investor Fraud Using False Claims About Celebrity App Performance ...

Bernhard Eugen Fritsch was found guilty of one count of wire fraud. Prosecutors allege he fraudulently obtained investments ...

Bernhard Eugen Fritsch, a 63-year-old resident of Malibu, California, was convicted of one count of wire fraud by a jury late Thursday. Fritsch, the founder and CEO of StarClub Inc., a Santa ...

A sentencing date was not immediately available Friday for a Malibu man who was convicted of defrauding investors out of more than $20 million by lying to them about his technology company’s financial ...

and a multimillion-dollar Malibu mansion, the press release stated. From 2014 to 2017, Fritsch raised over $20 million, pitching StarClub as a game-changer for the entertainment industry.

faces up to 20 years in prison after being convicted of wire fraud, the U.S. Justice Department said. Jurors found him not guilty of a second count. (Mike Windle / Getty Images for StarClub) ...