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AI gets its own "boiler room" scandal

Summary by Fortune
The SEC accuses a Long Island firm of running a $74 million boiler room that sold retirees marked-up shares in Anduril, Anthropic, Perplexity, and SpaceX.

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AI gets its own "boiler room" scandal

The SEC accuses a Long Island firm of running a $74 million boiler room that sold retirees marked-up shares in Anduril, Anthropic, Perplexity, and SpaceX.

·New York, United States
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Fortune broke the news in New York, United States on Tuesday, August 18, 2026.
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