The CEO of AI Ad-Tech, who pledged “World Free Of Fraud”, is convicted of fraud charges

A page from the Kubient Bulletin in July 2020 for its initial public launch (IPO), providing some bold demands about the company’s technology that will later be treated on federal prosecutors.

Credit: again

A page from the Kubient Bulletin in July 2020 for its initial public launch (IPO), providing some bold demands about the company’s technology that will later be treated on federal prosecutors.


Credit: again

Before the public subscription Kubient in August 2020, Kubient released bulletin Noting the search numbers that suggested $ 42 billion in a decade in 2019. Kuboint technology was described as soon as possible to work in the actual 300 millimeter advertising auction window. It was used “Automated Learning is powered by energy [sic] The technique of preventing fraud before posting “and” self -learning nerve network always becomes smarter. “

The revenues of the first quarter of 2020 were offered as $ 1.38 million, a huge jump from 177,635 dollars in the first quarter of 2019, thanks to “two clients of the Foundation” that “Beta has successfully tested Kai”. Public Prosecutors Note at the time of Roberts’s call He personally added that Kuboint was “identifying and preventing nearly 300 % of digital advertising fraud” more than the current advertising partners of the customer. Kubient raised more than $ 33 million during primary and secondary stocks.

Investigations conducted by the Securities and Stock Exchange Committee, the American Postal Inspection Service, and the US Prosecutor’s Office for the Southern Region in New York led to accusations against Roberts in September 2024. Joshua A. Weiss, the former financial manager of Kobint, and Grainne M. Coen, former chairman of the Audit Committee, at the time.

Roberts, 48, was imprisoned for up to 20 years on charges of securities. He will undergo one year of supervision after the release after spending his term.

Kubient, which was reported in Chapter 7, was the liquidation procedures at the time of Roberts’s call, Inclusion has been announced with Adomni And the name Adomni took in May 2023.

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