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AI scammers on Amazon duped investors out of millions with 'passive income' scheme, FTC alleges

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AI scammers on Amazon duped investors out of millions with 'passive income' scheme, FTC alleges - CNBC

Quick Summary:

The company promised better returns than the stock market, with a co-founder appearing in TikTok videos with wads of cash alongside an image of Warren Buffett.

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AI scammers on Amazon duped investors out of millions with 'passive income' scheme, FTC alleges - CNBC (Picture 1)

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Article Details

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 18:26:47 (20 hours ago)

News Timezone: GMT -5:00

News Source URL: cnbc.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CNBC

News ID: 27156638

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About CNBC

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Main Topics: Technology

Official Website: cnbc.com

Update Frequency: 6 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 17 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #35

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The story "AI scammers on Amazon duped investors out of millions with 'passive income' scheme, FTC alleges" was covered 20 hours ago by CNBC, a news publisher based in United States.

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CNBC is a fully independent (privately-owned) news outlet established in 2005 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 6 news stories per day.

It's most recent story was published 17 hours ago.

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  • News ID: #27156638
  • URL: https://beamstart.com/news/ai-scammers-on-amazon-duped-17423252919919

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