AI enforcement · Securities and Exchange Commission

SEC charges Ilit Raz

Ilit Raz · charged · what the party said about AI. The newest step in this record is dated 11 Jun 2024.

The agency’s words

quoted from the release
Party
Ilit Raz, CEO and founder of the now-shuttered artificial intelligence recruitment startup Joonko — SEC.gov | SEC Charges Founder of AI Hiring Startup Joonko with Fraud
AI
Joonko claimed to use artificial intelligence to help clients find diverse and underrepresented candidates to fulfill their diversity, equity, and inclusion hiring goals — SEC.gov | SEC Charges Founder of AI Hiring Startup Joonko with Fraud
Alleged
The SEC says: defrauding investors of at least $21 million by making false and misleading statements about the quantity and quality of Joonko’s customers, the number of candidates on its platform, and the company’s revenue — SEC.gov | SEC Charges Founder of AI Hiring Startup Joonko with Fraud
Docket
The release names no docket number.

Every step

oldest first
  1. 11 Jun 2024 SEC charges Ilit Raz · charged The Securities and Exchange Commission today charged Ilit Raz — SEC.gov | SEC Charges Founder of AI Hiring Startup Joonko with Fraud; date from the release’s date line, “Washington D.C., June 11, 2024 —”
in this record

Cite this action

jesseahawkins.com, “Ilit Raz: SEC action that names AI”, AI enforcement record, release read 3 Nov 2026. https://jesseahawkins.com/rules/enforcement/sec-raz/

Sources

enforcement.csv Every dataset → Status → Glossary →