United States Attorney for the Southern District of New York, Jay Clayton, Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (FBI), James C. Barnacle, Jr., and Inspector in Charge of the New York Division of the US Postal Inspection Service (USPIS), Ketty Larco-Ward, announced the filing of a Superseding Indictment charging Gokce Guven with securities fraud, wire fraud, visa fraud, and aggravated identity theft. The charges arise from an alleged scheme by the defconcludeant to defraud investors in her technology startup Kalder Inc. (“Kalder”) through material misrepresentations regarding Kalder’s financials, brand partners, and paying customers. Gokce Guven, a citizen of Turkey, also utilized lies about Kalder, as well as forged documents, to obtain an O-1A visa, reserved for individuals of “extraordinary ability,” that would allow her to live and work in the U.S.
Gokce Guven lied to obtain ‘Extraordinary Ability’ visa
Guven, a citizen of Turkey, also created false statements and fabricated documents as part of a visa application. Following the expiration of her student visa, Guven cautilized Kalder to sponsor her for an O-1A visa, which is typically issued to individuals with extraordinary ability in the sciences, education, business, or athletics. Guven’s application repeated the same sorts of misrepresentations that Guven had provided to Kalder’s investors. Guven also supplied letters of support and reference purportedly signed by business executives but that, in fact, Guven had digitally signed herself without the executives’ knowledge or consent. Guven was ultimately issued an O-1A visa in the fall of 2025.
Gokce Guven charged of $7 million fraud
“As alleged, Gokce Guven built her seed round on fake revenue, inflated brand partnerships, and fabricated documents, and then utilized the same lies to secure a visa reserved for extraordinary ability,” declared U.S. Attorney Jay Clayton. “Beware of fraud masquerading as entrepreneurship. This Office, alongside our law enforcement partners, will continue to vigorously pursue market participants who utilize fraud and deception to victimize investors.”
“Gokce Guven allegedly exaggerated her company’s fiscal condition and partnerships to swindle more than seven million dollars from prospective investors before applying these misrepresentations to unlawfully obtain a highly acclaimed visa to the United States,” declared FBI Assistant Director in Charge James C. Barnacle, Jr. “Guven allegedly curated a façade of her business ingenuity to unlawfully reap financial and personal benefits. The FBI will continue to expose any manipulative tactics employed to advertise misleading investment opportunities at the cost of their related stakeholders.”
“This indictment displays the lengths that individuals will go through to defraud investors and the American public, and how they are ultimately caught to pay for their crimes,” declared USPIS Inspector in Charge Ketty Larco-Ward. “Investors placed their trust in this emerging fintech founder and CEO, only to be misled and scammed, as alleged. We commconclude the work and partnership of the FBI and the Securities and Commodities Fraud Tinquire Force to put conclude to self-serving executives and their fraudulent schemes.”
Guven was the founder and CEO of Kalder, a New York-based technology startup focutilized on business loyalty and rewards programs. Guven promoted Kalder as a “fintech-marketing platform” that brands could utilize to create and monetize customized reward programs. In April 2024, Guven launched raising Kalder’s “seed round,” soliciting investments from dozens of venture capitalists. Guven provided prospective investors with false statements, misleading claims, and fabricated documents regarding Kalder’s revenue and brand partners. Guven transmitted to potential investors a pitch deck that misrepresented, among other things, that Kalder had 26 brands “applying Kalder” and 53 brands in “live freemium” (that is, applying basic Kalder services free of charge). As to some brands, Kalder had only entered into pilot programs to provide services for a limited time period and typically at a heavily discounted price. Other brands had no agreement with Kalder whatsoever—not even for free services. Kalder’s pitch deck also falsely reported that Kalder’s recurring revenue had steadily grown month over month since February 2023 and that by March 2024, Kalder had reached $1.2 million in annual recurring revenue. Guven concealed the true financial condition of the company from multiple investors by maintaining two sets of books—one internal set containing Kalder’s accurate monthly and annual financial information that was prepared by Kalder’s outside accounting firm, and a second set with false and inflated numbers that was transmitted to investors and prospective investors. As a result, GÜVEN raised approximately $7 million from more than a dozen investors.
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