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The money was taken from 17 investors between 2011 and 2018. The couple used their solar generator companies, DC Solar Solutions Inc. and DC Solar Distribution Inc., to convince investors of buying solar generators, which at least half of them were never manufactured. According to the investigations, the couple promised the investors tax ...
The scandal has been commonly cited as a textbook example of the cryptocurrency influencer scam and serves as a warning for other influencers to refrain from participating in or endorsing digital assets.
The " Momo Challenge " was a hoax and an internet urban legend that was rumoured to spread through social media and other outlets. It was reported that children and adolescents were being harassed by a user named Momo to perform a series of dangerous tasks including violent attacks, self-harm, harming others, and suicide.
The company's "Superalignment team" repeatedly had its requests for computing power rejected, sources say.
On March 20, 2009, the appellate court denied his request. On June 26, 2009, Chin ordered Madoff to forfeit $170 million in assets. His wife Ruth was to relinquish her claim to $80 million worth of assets, leaving her with $2.5 million in cash.
“Even before AI, you’ve seen an industry that’s growing at 20%-plus, annually. AI on top is just another accelerant to that growth,” Blackstone managing director Greg Blank said .
Microsoft doesn't spell out how much money it makes from AI products, including its flagship Copilot chatbot that can compose documents, write code or generate images.
A Ponzi scheme which ultimately terminates with the operator absconding is similar to an exit scam. The main difference is that an exit scam does not involve any sort of investment vehicle with the accompanying promised returns.
The Securities and Exchange Commission (SEC) began an investigation, and rival Houston competitor Dynegy offered to purchase the company at a very low price. The deal failed, and on December 2, 2001, Enron filed for bankruptcy under Chapter 11 of the United States Bankruptcy Code.
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