Reading up on fraud
3 deep · digging since apr 12
- The Cattle Empire That Turned Out to Be a Giant Ponzi Scheme - WSJ
A former chemicals plant worker ran a $170 million cattle operation that was actually a Ponzi scheme sustained by phantom livestock and fraudulent financial reports.
- A.I. Is Making Scams Hard to Spot. Here’s How to Protect Yourself.
AI-generated deepfakes and voice clones make scams harder to detect, requiring new verification habits like safe words and direct callback.
- Delve removed from Y Combinator
Y Combinator removed Delve, an AI compliance startup, from its program following allegations of license violations and fraud in its compliance verification service.