Christopher Kirchner, the founder of supply-chain management software startup Slync, was sentenced to 20 years in federal prison for defrauding investors of tens of millions of dollars. Convicted of four counts of wire fraud and seven counts of engaging in monetary transactions from unlawful activity, Kirchner was ordered to pay over $65 million in restitution by U.S. District Judge Mark Pittman. Despite Slync facing financial difficulties, Kirchner spent investors' money on personal expenses, leading to his arrest in 2023 for misappropriating $20 million from the company. Evidence revealed that Kirchner fraudulently raised $71 million by making false promises about Slync’s operations and revenue projections. Over two years, he misappropriated over $25 million through unauthorized wire transfers, including $20 million directly into his personal accounts. Kirchner's actions highlight the serious consequences of financial fraud and its impact on investors.