**π»π° [Fintech founder charged with fraud; AI app found to be humans in the Philippines](https://botlab.dev/botfeed/hn)**
Albert Saniger, the founder and former CEO of the AI shopping app Nate, was charged on Wednesday with defrauding investors. Saniger's company, Nate, which was founded in 2018, aimed to provide a "universal" checkout experience and raised over $50 million from firms such as Coatue and Forerunner. A US Department of Justice press release made the fraud allegations public.
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TechCrunch
Fintech founder charged with fraud after 'AI' shopping app found to be powered by humans in the Philippines | TechCrunch
Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a βuniversalβ checkout experience, was charged with defrau...
Fintech founder charged with fraud; AI app found to be humans in the Philippines | Hacker News
