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Uncle Sam accuses Aussie AI startup boss of financial fakery that duped investors

Thursday September 26, 2024. 04:58 AM , from TheRegister
Crikey! $40M of investments in 'digital employees' allegedly went down faster than a frosty Fosters
The former CEO of an AI startup that promised to replace humans with 'digital employees' has been accused by the US Department of Justice and Securities and Exchange Commission of raising $40 million from investors, including venture capitalists, after showing them deliberately falsified financial records.…
Read more at TheRegister
https://go.theregister.com/feed/www.theregister.com/2024/09/26/skael_doj_sec_ai/

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