Texas firm stole $8.8M

+AI workforce & funding frenzy

June 02, 2025

Signal Summary: Texas firm stole $8.8M. The AI tool delivering 51% more submissions. And where investors just dumped $32M.

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HERE’S WHAT HAPPENED LAST WEEK ↓

SIGNAL 1
Staffing firm owner stole $8.8M

The backstory: Meet Joseth "Joe" Limon, who ran Platinum Employment Group like his personal piggy bank. For 6 years, he pocketed $8.8M in employment taxes.

It gets worse: After closing Platinum, he opened a new firm under his 18-year-old daughter’s name. When the feds came knocking, he coached her to lie about “identity theft”.

Teaching your kid to commit federal crimes isn't great parenting OR business strategy.

📶 Signal → Strategy: Consider outsourcing with a firm like Employdrive or Greenshades, which specializes in staffing, compliance, and keeping you from sharing a cell with Joe from Houston who thought he was smarter than the IRS.

SIGNAL 2
Bullhorn just put the market on notice

Breaking: Bullhorn announced Amplify, and the numbers are making every recruiter sweat.

The results:

  • 22% increase in fill rates

  • 51% increase in submissions

  • 40% decrease in submittal-to-hire ratio

  • 85% of candidates enjoyed talking to AI

Your biggest fear just became reality. Candidates prefer robots to your small talk.

📶 Signal → Strategy: Your competitors are about to start winning deals you used to close. Time to evaluate AI solutions before you're playing catch-up.

SIGNAL 3
The AI funding frenzy that proves the trend

Three workforce companies raised massive rounds, all betting AI will replace human grunt work.

By the numbers:

  • Pallet: $27M Series B for logistics AI workforce

  • Flo Recruit: $5M Series A for legal recruiting automation

  • Toro: Undisclosed round for staffing intelligence AI

  • Combined: $32M+ saying “humans are expensive”

📶 Signal → Strategy: Position yourself as AI-enhanced, not AI-replaceable, before investors fund your replacement.

SHARE THE SIGNALS
3 people you should share these signals with:

  1. Your payroll person (before they become evidence)

  2. That AI skeptic who thinks it's "just hype"

  3. Whoever approves your tech budget