#investor-deception

#investor-deception

A Long Island tech founder pleaded guilty to securities fraud, inflating revenue by over $1.3 million and misrepresenting AI tool efficacy.

Theodore Farnsworth pleaded guilty to securities fraud, highlighting deceptive practices in the promotion of MoviePass's unsustainable 'unlimited plan'.

The founder of AllHere, a chatbot creator for L.A. schools, has been indicted on charges of fraud, impacting the education tech sector.

Dennis Fountaine, a fraudster, is evading capture after stealing over $350,000 from investors through false claims about a medical robot.

The public is warned to be vigilant against scams, as there is a notable increase in fraudulent schemes affecting individuals.],

tags:[

fraud

scams

investor deception

robotics

public awareness

Dennis Fountaine, a convicted fraudster, fled sentencing and is sought after for defrauding investors and manipulating identities as a tech inventor.