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Technology

Paul Roberts, CEO of AI ad company Kubient, sentenced to prison for fraud

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Paul Roberts , CEO of Kubient , sold investors on "anti-fraud" AI technology that could catch advertising fraud in milliseconds.

Instead of using it to catch bad guys, he had his employees generate fake reports based on imaginary data to fool auditors and investors.

The scheme involved a bogus $1.3 million transaction with another company where they basically played financial hot potato.

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