Comment on Man Arrested for Creating Fake Bands With AI, Then Making $10 Million by Listening to Their Songs With Bots
most lilely money laundering. Not really a new scam just adding AI to an old one
youtu.be/et8R5i5UEjY
It’s not money laundering, they were creating fake engagement and getting advertising revenue out of it.
Could be if the revenue was paid out to non existing aliasses and then transferred to himself.
But getting paid royalties directly by Spotify would not need to be laundered as it’s legit money for the irs.
Yeah, it’s just a good old fashioned grift by the sound of it.
getting bots to fake engagement for a profit is money laundering, believe it or not. its a pretty vague crime that basically amounts to getting paid in a way thats deceptive, in this case the deception is the bots.
Hmm. If that’s true, the legal definition and the definition we typically use are very different.
Ilovethebomb@lemm.ee 1 week ago
It’s not money laundering, they were creating fake engagement and getting advertising revenue out of it.
Badeendje@lemmy.world 1 week ago
Could be if the revenue was paid out to non existing aliasses and then transferred to himself.
But getting paid royalties directly by Spotify would not need to be laundered as it’s legit money for the irs.
Ilovethebomb@lemm.ee 1 week ago
Yeah, it’s just a good old fashioned grift by the sound of it.
HappyTimeHarry@lemm.ee 1 week ago
getting bots to fake engagement for a profit is money laundering, believe it or not. its a pretty vague crime that basically amounts to getting paid in a way thats deceptive, in this case the deception is the bots.
Ilovethebomb@lemm.ee 1 week ago
Hmm. If that’s true, the legal definition and the definition we typically use are very different.