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Musician who used AI to create fake songs charged with $10 Million Streaming Fraud

- A North Carolina man, Michael Smith, used AI to create fake songs and bands, then streamed them using bots to earn $10 million in royalties. - Smith, 52, was charged with wire fraud and money laundering conspiracy, facing up to 20 years in prison for each charge. - He created thousands of fake streaming accounts and used software to loop his music, making it appear as if real listeners were tuning in. - Smith's scheme involved uploading thousands of AI-generated songs weekly, earning him about $110,000 each month by mid-2019. - This case marks the first criminal prosecution for musical streaming manipulation by the Manhattan U.S. attorney's office. Source: [nytimes](https://www.nytimes.com/2024/09/05/nyregion/nc-man-charged-ai-fake-music.html)

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