AI Startup CEO Gets 1-Year Sentence For $40M Fraud

By Bonnie Eslinger ( November 7, 2025, 7:49 PM EST) -- A California federal judge on Friday sentenced the founder of a company that purported to sell artificial intelligence-based business automation software to one year behind bars for defrauding investors in what the federal government called a "fake-it-til-you-make-it" scheme that never made it....

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