{"id":745910,"date":"2026-06-19T04:08:08","date_gmt":"2026-06-19T04:08:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/745910\/"},"modified":"2026-06-19T04:08:08","modified_gmt":"2026-06-19T04:08:08","slug":"metigy-ceo-david-fairfull-jailed-for-nine-years-over-ai-fraud","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/745910\/","title":{"rendered":"Metigy CEO David Fairfull jailed for nine years over AI fraud"},"content":{"rendered":"<p>The former chief executive of failed artificial intelligence marketing start-up Metigy has been sentenced to nine years\u2019 jail for misleading investors while raising capital and dishonestly using his position as a director to get a multi-million-dollar personal loan to spend on luxury homes.<\/p>\n<p>In November, David Fairfull <a href=\"https:\/\/www.afr.com\/technology\/ai-start-up-founder-pleads-guilty-to-misleading-investors-20251104-p5n7p9\" rel=\"nofollow noopener\" target=\"_blank\">admitted to<\/a> one count of making false and misleading statements to investors \u2013 who put in $15.7 million for shares during a $50 million capital raising in 2021 \u2013 and one count of dishonestly using his position as a director to gain an advantage when borrowing $7.7 million in 2021.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"The former chief executive of failed artificial intelligence marketing start-up Metigy has been sentenced to nine years\u2019 jail&hellip;\n","protected":false},"author":2,"featured_media":745911,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":["post-745910","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/745910","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=745910"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/745910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/745911"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=745910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=745910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=745910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}