US EditionCornelius Man Admits to $8 Million AI Music Streaming Fraud Scheme
2 Articles
2 Articles
In the history of the music industry, such a case has been successfully resolved in court for the first time. Michael Smith, 52, of North Carolina, used artificial intelligence to compose many songs and then played them through thousands of accounts and bots. In doing so, he earned millions of dollars. As part of a deal with federal prosecutors in the Southern District of New York, he pleaded guilty on Friday to conspiracy to defraud.
Cornelius Man Admits to $8 Million AI Music Streaming Fraud Scheme
A Cornelius man has admitted to running a massive music streaming fraud scheme that used artificial intelligence and automated bots to steal more than $8 million in royalties, federal prosecutors said. Michael Smith, 54, pleaded guilty to conspiracy to commit wire fraud in federal court in New York. Prosecutors said Smith created hundreds of thousands of AI-generated songs and then used automated programs to stream them billions of times on plat…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
