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Supposed AI Fund's Manager Accused Of Wire, Securities Fraud - Law360


Supposed AI Fund's Manager Accused Of Wire, Securities Fraud - Law360

By Craig Clough ( November 14, 2024, 10:04 PM EST) -- A manager of a hedge fund which purported to use artificial intelligence has been indicted by a New York federal grand jury for 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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