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Ex-NYPD Officer Admits to $3.5 Million Fraud in AI Investment Scheme
Jason Rodriguez, a former NYPD officer, admitted to defrauding investors of $3.5 million through false claims about AI trading algorithms while serving as COO of Technical Trading Team. The case highlights the significant financial, legal, and reputational risks associated with fraudulent AI claims in the financial sector, emphasizing the need for robust regulatory oversight and transparency.
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By Dr. Tony HoangJason Rodriguez, a former NYPD officer, admitted to defrauding investors of $3.5 million through false claims about AI trading algorithms while serving as COO of Technical Trading Team. The case highlights the significant financial, legal, and reputational risks associated with fraudulent AI claims in the financial sector, emphasizing the need for robust regulatory oversight and transparency.