Supposed AI Fund's Manager Accused Of Wire, Securities Fraud

By Craig Clough ( November 14, 2024, 10:04 PM EST) -- A manager of a hedge fund that purported to use artificial intelligence has been indicted by a New York federal grand jury on charges of wire fraud and securities fraud after allegedly lying to investors and stealing hundreds of thousands of dollars for his own personal use, according to an indictment unsealed Thursday. . . .

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