Amazon AI scammers duped investors out of millions with ‘passive income’ scheme, FTC alleges

Amazon AI Scammers Defraud Investors in ‘Passive Income’ Scheme!

Recently, the Federal Trade Commission (FTC) reported that scammers exploited Amazon’s name to defraud investors out of millions with a so-called ‘passive income’ scheme. The fraudulent company promised returns that exceeded stock market performance, attracting attention through flashy TikTok videos featuring one of its co-founders flaunting cash alongside images of investing mogul Warren Buffett.

For more details on this unfolding story, visit: https://www.cnbc.com/2025/03/18/ftc-amazon-ai-scammers-defrauded-users-with-passive-income-scheme.html.

#Scams #Finance #Investing #ArtificialIntelligence #Amazon

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