Summary

  • A fraudulent scheme has been using OpenAI’s reputation to convince people to part with their money, with 11 complaints having been made to the US Federal Trade Commission (FTC) by people in Bangladesh who collectively lost $50,000.
  • The “OpenAI-etc” website, which has since shut down, hosted a months-long scam where people were convinced they were working for the legitimate AI company.
  • The con involvedEncouraging workers to invest more money and recruit new membersCultivating a feeling of trust by emulating company culture, including hierarchy and charity assistanceAfter the scam was discovered, the website, along with any hope of restitution for the victims, disappeared. -domain name system records suggest that the website was hosted in China.

By Reece Rogers

Original Article