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Former AI SPAC Executives Indicted For Fabricating "Virtually All" Revenue And Customers
Former AI SPAC Executives Indicted For Fabricating "Virtually All" Revenue And Customers
What looked like a booming AI company was, prosecutors say, an audacious house of cards built on deception.
iLearningEngines (former stock symbol AILE) executives allegedly fabricated virtually every pillar of their business—customers, revenues, and contracts—to cash in on the AI hype and dupe both everyday investors and major institutions.
The scheme involved creating entire fake client ecosystems: shell companies with polished websites, insiders or relatives posing as corporate executives, and bogus multimillion-dollar agreements designed to withstand scrutiny, according to a...
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Apr 15, 2026 / Tyler Durden
Italy's Anti-Israel Opposition Declares 'Victory' After Meloni Suspends Defense Pact
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Italy has suspended the automatic renewal of its defense agreement with Israel amid the ongoing US-Israeli war on Iran, now 'paused' as a two-week ceasefire holds in order to give a chance for talks.
Prime Minister Giorgia Meloni announced the significant status change following weeks of tensions over the Israel question, and after other European governments like Spain and France have heaped criticism on Trump's Operation Epic Fury. "The government, considering the situation we are experiencing, has decided to suspend the...
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Mar 29, 2026 / Dave DeCamp
Israeli Attacks Kill 10 Palestinians in Gaza Over 24 Hours
Gaza’s Health Ministry said on Sunday that Israeli attacks killed 10 Palestinians and wounded 18 over the previous 24 hours as the IDF continues launching attacks across the Strip amid the US-Israeli war against Iran. According to medics in Gaza, overnight Israeli strikes targeted two police checkpoints in the southern city of Khan Younis, killing […]
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Apr 11, 2026 / Gabriel Rodriguez
A Rothbardian Reconstruction of Libertarian Political Theory
Murray Rothbard’s For a New Liberty is a classic at bringing together the foundations of Austrian Economics and libertarian thinking.
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