The ex-CEO and CFO fabricated “virtually all” of the once $1.4 billion — now-defunct — AI company’s revenue, according to the ...

iLearning, according to the Justice Department, “fabricated virtually all its customer relationships and revenues.” ...

‘The truly artificial part of the defendants’ story was iLearning’s customers and revenues.’ ...

"The defendants exploited investor excitement over the AI boom and presented a rosy financial outlook to investors and ...

Puthugramam “Harish” Chidambaran, founder and former CEO of iLearning, and CFO Sayyed Farhan Ali “Farhan” Naqvi have been ...

Two Indian American executives of iLearning, a Maryland-based technology company that marketed itself as an “out-of-the-box ...

The former CEO and CFO of a US-based technology company have been accused of a multi-year fraud scheme. Here's what we know ...

A company founded in 2010 and dissolved in 2025 had been defrauding investors and shareholders through false revenue figures and fake contracts. Two Indian-origin men have been charged with this ...

The former chief executive and chief financial officer of iLearningEngines, which provided AI-driven business automation ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. The ex-CEO and CFO of iLearningEngines were charged with fraud ...