AI Co. Execs Faked Customers For Fraud Scheme, Feds Say

By Jessica Corso ( April 17, 2026, 7:28 PM EDT) -- The former chief executive officer and former chief financial officer of a bankrupt artificial intelligence firm were indicted in Brooklyn Friday on charges that they defrauded investors and banks by lying about having customers in order to inflate company earnings to the tune of hundreds of millions of dollars....

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