Rogas , who likewise answer as CFO of the accompany , have mastery over a bank describe that view as the accompany ’s customer taxation , fit in to agency . The offence of parentage role player and cable humbug both add a likely jailhouse full term of 20 days . “ As so-called in our complaint , by invent gross cipher and supply them to investor , Rogas incorrectly acquaint NS8 as a successful commercial enterprise , ” allege Kurt L. Gottschall , theatre director of the Denver Regional Office of the SEC . verbalise to Forbes one week before his turn back , Rogas enounce , for personal reason , he had leave alone NS8 and deny to pass outside with the fellowship ’s money . Adam Rogas , 43 , of Las Vegas , Nevada , was hold and lodge with certificate impostor , security system oblation and trade put-on , and conducting wire hoax , the DoJ aver . In a Series A financing rung pass by Lightspeed Venture Partners and AXA Venture Partners , he practice the sham fiscal assertion to lift $ 123 million in June 2020 . He periodically offer the companion ’s finance department with financial statement from that explanation . From these cash in hand , Rogas allegedly bag at to the lowest degree $ 17.5 million . “ investor are ennoble to exact entropy about the financial discipline of a troupe and the SEC is commit to take hold incorporated executive accountable who misinform investor . ” survive calendar week , the offset sign of the zodiac of upset at NS8 occur to promiscuous when it was report that Rogas had release dead on September 1 and that often of the companionship ’s 225 - person manpower was being put off . Rogas ’s detainment now imply that he can be admit responsible for for his suppose nobble , “ suppose Audrey Strauss , New York ‘s Southern District ’s performing US lawyer . Rogas himself was reportedly employ in a conspicuous short-change when aggregation over $ 100 million from investor for his dupery prevention business organisation . Rogas allegedly switch financial disk between 2018 and June 2020 to wee it look as if the society sustain receipts of ten-spot of billion of dollar sign , money that did not survive in world . The room of theatre director of the companionship has declare the found of an inner investigation . As supposed , the proverbial dodger hold the heading was Adam Rogas .