The startup Yogome will close on accusation of fraud against one of its founders. The educational videogame company Yogome will close its operations after its founder Manolo Díaz was accused of fraud , according to a report from the Forbes Mexico site.

“Yogome is an EdTech company leading the way in education by providing children all over the globe with the tools to help them learn and prepare for their future. We help children become lifelong learners with our engaging game-based curriculum, fun storylines, and captivating characters,

Yogome is formed by a highly-qualified, multidisciplinary team: educators, coders, illustrators, animators, designers, marketers, translators, writers and creatives working together to build the best experience for children around the world.” the company’s website indicated

According to the article, Mariana García, Strategic Partnership Manager of the brand, confirmed that the technology startup will stop operations on Thursday. The article points out that several employees attribute the closure to “bad management” on the part of the executive management.

Yogome was founded in 2011 and was considered one of the fastest growing edtech companies in the region. In fact, in December 2017 the firm raised 6.6 million dollars in series A to continue expansion in Asia.