Aqua-Spark founders break silence on eFishery fraud, $250m loss

Aqua-Spark Founders Break Silence on eFishery Fraud: A Call for Accountability and Industry Resilience – Aquaculture Magazine

Amy Novogratz and Mike Velings publish their first public statement more than a year after discovering the Indonesian aquaculture startup had fabricated financial data for years, costing the Dutch impact fund approximately $250 million. April 2026 | Aquaculture Magazine More than a year after one of the most damaging fraud cases in the history of aquaculture investment…

Aqua-Spark founders break silence on eFishery fraud, $250m loss

'Discovering that the people you had held up were not who you believed them to be is a different kind of wound' -- Amy Novogratz, Aqua-SparkThe founders