California tech CEO busted in bizarre $2M smart ring scam after ripping off British business owner

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Source: New York Post
Published: 2026-09-29 04:01 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Health, Crime & Justice, Technology & AI, Fraud & Corruption, World News, Business & Economy, Crime & Justice, Technology
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Snippet:
A wearable tech company’s boss will spend decades in prison for running a near-$2 million Ponzi scheme, duping investors with fabricated patent ownership and fraudulently obtaining a federal business-relief loan during the pandemic.
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