Tech CEO’s AI Dream Turns Out to Be a Human Nightmare! 😱

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So, picture this: a tech app founder, Albert Saniger, strutting around like he’s the next Steve Jobs, but instead of a sleek new gadget, he’s selling a glorified shopping cart powered by… wait for it… actual humans in the Philippines! 🤦‍♀️

Yes, you heard that right! The U.S. authorities have charged our dear Albert with fraud, claiming his so-called “AI-powered” e-commerce app was just a fancy way to say, “Hey, let’s hire a bunch of people to do the work for us!” Talk about a plot twist! 🎭

Saniger, who hails from sunny Barcelona, launched Nate in July 2020, promising a magical shopping experience where you could buy things without lifting a finger. But alas, it turns out those fingers belonged to hardworking contractors in a call center, not some futuristic robot army. Who knew? 🤷‍♀️

Investors gave Saniger over $40 million, feds say

According to the Acting U.S. Attorney for New York, Matthew Podolsky, Saniger managed to charm investors out of more than $40 million by spinning a tale of AI innovation that was as real as unicorns. 🦄

He told his employees to keep the truth under wraps, which is a classic move in the “How to Get Rich Quick” handbook. But let’s be real, this kind of deception not only robs innocent investors but also makes everyone else a bit more skeptical about actual tech breakthroughs. Thanks, Albert! 🙄

While he did acquire some AI tech from a third party, the app’s automation rate was about as effective as a chocolate teapot. During the holiday rush of 2021, he even tried to throw some bots into the mix, but it was like putting lipstick on a pig. 🐖💄

Fast forward to January 2023, and Nate is no more. Saniger pulled the plug and sent everyone packing after the media started poking holes in his shiny facade. Classic! 📉

Now, he’s facing some serious jail time—up to 20 years for each charge. The SEC is also looking to ban him from ever running a company again. Good luck with that, Albert! 👋

CryptoMoon tried to reach out to Nate for a comment, but surprise, surprise, no one was home. And as for Saniger’s lawyers? Well, they seem to be playing hide and seek. 🕵️‍♀️

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2025-04-11 09:32