Thursday, September 12, 2024

First criminal charges for AI-abetted music streaming fraud

Why should criminals resist AI? Is this also part of the first mover advantage?

I bet, as usual, the criminal was too greedy or otherwise he might have gotten away undetected! What was the criminal thinking to run his criminal enterprise for seven years!

"Federal prosecutors unveiled the first ever criminal charges for a scheme involving “Artificially Inflated Music Streaming”. The indictment alleges that Michael Smith, a musician living in North Carolina, purchased AI-generated tracks, uploaded them to various streaming platforms, then used thousands of “bots” to repeatedly stream the tracks. The scheme allegedly netted him more than $10 million in royalty payments over the course of seven years. He is charged with wire fraud, wire fraud conspiracy, and money laundering conspiracy. Each charge carries a maximum sentence of 20 years in prison."

Update #83: AI Music Fraud and PlanSearch - by Cole Frank

The Bands and the Fans Were Fake. The $10 Million Was Real. "Federal prosecutors charged a North Carolina musician with gaming the system to win royalties from streaming services including Spotify, Apple Music and Amazon Music."

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