A Daily Beast Exclusive
Gurbaksh Chahal pleaded guilty to domestic assault, but remained in
charge of companies where former co-workers say he ruled through fear
and racial slurs.
By Kelly Weill
The way Gurbaksh Chahal
tells it, he’s living the American dream. Once a poor immigrant living
in San Jose’s projects, Chahal struck it rich when he sold his first
company for tens of millions of dollars as a teenager and moved into a
San Francisco penthouse. His inspirational story was even the subject of
a 2008 appearance on the Oprah Winfrey show.
But as Chahal’s accolades piled up, so did the allegations against him.
In
2013, he was filmed hitting and kicking his girlfriend 117 times, and
later charged in the alleged beating of another girlfriend. In both
instances, he remained at the head of tech companies where, according to
a lawsuit reported for the first time by The Daily Beast, he routinely
called people “n---rs” and fired an employee who allegedly tried to stop
him from hitting a third woman. Two other open lawsuits, between them,
accuse him of misleading investors, hiring women based on their looks,
and making a death threat against an employee.
That hasn’t stopped him from attempting to raise $100 million with a new a bitcoin-like cryptocurrency that he launched earlier this month with the endorsement of Paris Hilton.
“He’s the biggest liar I’ve met in my life, I’ll tell you that much,” one former employee told The Daily Beast.
Neither
Chahal nor his companies nor the lawyer representing him in two civil
cases returned The Daily Beast’s requests for comment.
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