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AI gets its own “boiler room” scandal

The SEC has charged The Spaventa Group and its founder Andrew Spaventa with operating a fraudulent pre-IPO AI

RANK_REASON [lever_c_demoted from research: ic=1 ai=1.0]

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AI gets its own “boiler room” scandal

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Allie Garfinkle ·

    AI gets its own “boiler room” scandal

    The SEC accuses a Long Island firm of running a $74 million boiler room that sold retirees marked-up shares in Anduril, Anthropic, Perplexity, and SpaceX.