The former CEO of a tech startup named SKAEL Inc, (SKAEL) faced charges as a result of a Securities and Exchange Commission (SEC) investigation. The SEC alleges that Baba Nadimpalli, the former founder of this company, who is based in San Francisco, is culpable of $30 million in fraud and financial damages. Former CEO faces $30m fraud chargesAccording to the SEC report, SKAEL started as a private technology company that developed business automation software. The SEC filed an action alleging that from January 2021 through February 2022, Nadimpalli “raised more than $30 million from investors b…