Tag Archives: royalties

FBI busts musician’s elaborate AI-powered $10M streaming-royalty heist

reader comments 148 On Wednesday, federal prosecutors charged a North Carolina musician with defrauding streaming services of $10 million through an elaborate scheme involving AI, as reported by The New York Times. Michael Smith, 52, allegedly used AI to create hundreds of thousands of fake songs by nonexistent bands, then streamed them using bots to… Read More »