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Tech CEO charged for faking AI with human labor.

Albert Sangier’s Nate service claimed it enabled customers to “skip the checkout” using artificial intelligence, but reporting by The Information in 2022 revealed that “between 60 percent and 100 percent” of transactions were actually handled manually — primarily by workers in the Philippines. And this isn’t the only company to be caught doing it.

The DOJ has now charged Sangier with securities fraud and wire fraud following an FBI investigation, describing his company as “a scheme filled with smoke and mirrors.”

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