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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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Will This Atlantic Hit Piece Be The Final Straw?
Will This Atlantic Hit Piece Be The Final Straw?
Authored by Matt Margolis via PJMedia.com,
The Atlantic has a well-documented history of publishing fake hit pieces about President Donald Trump and his administration, and one wonders how many more hoaxes they can run before they get in real trouble.
Its latest effort targeting FBI Director Kash Patel may be its most reckless yet — and this time, the bureau is fighting back with lawyers.
The piece, written by reporters Sarah Fitzpatrick and Jonathan Lemire, claims that on Friday, April 10, Patel struggled to...
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