New York, NY — A once-hyped fintech startup that raised $40 million on the promise of breakthrough artificial intelligence was secretly powered by human labor, federal prosecutors revealed this week. …
Tag:
AI fraud
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A former CEO of a Silicon Valley startup, Shaukat Shamim, was sentenced to over three years in federal prison for defrauding investors out of $6.4 million, as announced by the …
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Bangkok, Thailand – Thai immigration authorities have arrested six Chinese nationals, including the alleged ringleader, for running a large-scale scam network from a luxury condominium in Bangkok. The sophisticated operation, …
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CHIANG MAI — Thai Cyber Police have arrested a 26-year-old manager of a Chinese hybrid scam network using artificial intelligence to create fake digital personas, tricking victims into investing nearly …