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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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Oct 8, 2026 / Tyler Durden
Customs & Border Protection Has Scanned More Than 1 Billion Travelers With Facial Biometrics
Customs & Border Protection Has Scanned More Than 1 Billion Travelers With Facial Biometrics
Customs and Border Protection says it has now verified the identity of more than 1 billion travelers with facial biometrics, announcing the milestone in an Oct. 5 statement. The agency says the system runs at entry in every U.S. airport with international arrivals, at exit in 66 airports, at 42 seaports, and in all pedestrian lanes at the northern and southwest border crossings, with some vehicle lanes covered as well.
A passenger walks toward the airbridge as...
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Sep 6, 2026 / Tyler Durden
UN Demands African Statues In London As Britain Is Told To Atone For Slavery
UN Demands African Statues In London As Britain Is Told To Atone For Slavery
Authored by Steve Watson via Modernity News,
The United Nations has decided that Britain has not grovelled enough.
After years of toppled statues, boarded-up war memorials and official lectures about "colonialism," a UN human-rights committee now wants the country that ended the Atlantic slave trade to fill its public squares with statues of "people of African descent,"
The globalist body also suggests Britain should rewrite what children are taught, and treat historic slavery as a live brief for migration...
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Jul 1, 2026 / Tyler Durden
US Manufacturing Expanded For 6th Straight Month In June As Inflation Fears Ease
US Manufacturing Expanded For 6th Straight Month In June As Inflation Fears Ease
With 'hard data' having deteriorated recently (except in the labor market), 'soft' survey data has been surprisingly strong (especially in the Manufacturing side of the economy).
S&P Global's US Manufacturing PMI dipped from multi-year highs at 55.1 to 53.9 final in June (below the 55.7 expected).
ISM Manufacturing also dipped from 54.0 to 53.3 (slightly below the 53.9 exp).
Both solidly above the '50' line suggesting growth...
Source: Bloomberg
Put simply: US manufacturing activity expanded for a sixth straight month in June as...
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