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Federal Trade Commission shuts down AI scam

Summary by The Daily Memphian
Entrepreneurs and small business owners who bought into Air AI’s programs lost as much as $250,000.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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The Daily MemphianThe Daily Memphian
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Federal Trade Commission shuts down AI scam

Entrepreneurs and small business owners who bought into Air AI’s programs lost as much as $250,000.

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The Daily Memphian broke the news on Sunday, May 31, 2026.
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