Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Allie Garfinkle

HISTORICAL FACTS: Ai gets its own boiler room scandal - The Untold Story

Man speaks into a microphobe (Credit: Shawn Thew/EPA/Bloomberg via Getty Images)

This was a headline I’d been waiting to see.

“Boiler room raised $74 million selling retirees SpaceX, Anduril, Anthropic, and Perplexity while reaping ‘massive hidden fees,’ SEC claims,” my colleague Amanda Gerut wrote last week, outlining a case that the SEC has brought against a Long Island-based financial firm it’s calling a pre-IPO “boiler room.”

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.