Topic: financial misrepresentation
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Freecash App: Does It Really Pay for TikTok Scrolling?
The Freecash app surged in popularity by misleadingly advertising that users could get paid for scrolling TikTok, but it actually pays for completing specific in-game tasks in mobile games, not for passive social media use. The app operates as an advertising platform for game developers, who pay ...
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Aspiration Co-Founder Pleads Guilty in $248M Fraud Case
Joseph Sanberg, co-founder of Aspiration, has pleaded guilty to wire fraud charges for orchestrating a $248 million scheme by falsifying financial records and investor documents. He artificially inflated the company's revenue by fabricating letters of intent and a false audit committee report, se...
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