Dennis Fountaine, identified as a 'phony tech inventor,' is accused of defrauding investors of over $350,000 by falsely claiming he created a robot for dispensing medication.
Deputy District Attorney Oahn Tran describes Fountaine as a 'serial fraudster' who uses fabricated online personas and accolades to deceive everyday individuals into investment scams.
Fountaine's tactics included creating fake websites, such as 100Inventors.com, to falsely enhance his credibility and gain victims' trust in his fraudulent ventures.
The DA's office emphasizes the need for public awareness about such frauds, as the FBI reports a significant rise in scams, with Americans losing $1.6 billion in early 2024.
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