- The Ministry of Justice has accused the former CEO to start shopping, Nate of fraud. The accusation was charged with Albert Sanyger and was accused of using human workers, but informing investors and clients that work was done with artificial intelligence.
Startup Tech Nate promised consumers easier to shop with the help of artificial intelligence. But the Ministry of Justice says that there was no miracle technology behind the exit application transactions. Instead, they were treated by humans in the Philippines and Romania.
Officials in the US Public Prosecutor Office accusation Albert Sanyger, former CEO of Nate, due to the fraud of investors with misleading data from the company.
“Albert Sanyger has misled investors by exploiting the promise and attractiveness of artificial intelligence technology. In a statement. “This type of deception not only laughs in innocent investors, but also turns capital from legitimate startups, makes investors skeptical of real breakthroughs, and ultimately hinders the progress of artificial intelligence development.”
The indictment comes after a 2022 Report in Information Which claimed that the company used human work instead of artificial intelligence.
the Nate The application markets itself as a simplified shopping experience for consumers, allowing them to “skip out”. The indictment gives an example of whether the consumer has found a pair of sports shoes they want, they can open the NATE application and click only “buy”.
The company said that the transaction was accomplished by artificial intelligence, but the indictment says that the technology that Saniger bought by a third party “has not achieved the ability to complete the purchases of e -commerce continuously.” Justice Ministry officials say that actual automation is “zero percent.”
Instead, it was claimed that Saniger has appointed hundreds of contractors abroad to complete the purchases of the application. The company also used robots to automate some transactions and accusations.
Saniger faces one of the securities fraud, which carries a 20 -year -old penalty in prison, and a wire fraud charge, which also carries a 20 -year prison sentence.
This story was originally shown on Fortune.com
https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-490458238-e1744382198521.jpg?resize=1200,600
Source link