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CEO's AI Fraud Detection Tool Contract Was Fraud, Feds Say

By Law360 Staff ( September 16, 2024, 10:46 PM EDT) -- A former technology company CEO has pled guilty to a charge that he cooked his company's books and raised tens of millions of dollars from investors off phony claims that an artificial intelligence program his firm developed was being used to spot digital ad fraud, the Manhattan U.S. Attorney's Office said Monday....

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