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CRIMENY Post - Politics·4h ago

California tech CEO busted in bizarre $2M smart ring scam after ripping off British business owner

Photo · NY Post
AI TLDR · GEMINI

The CEO of Esos Rings Inc. has been accused of a $2 million scam involving the fraudulent claim of ownership over NFC payment ring patents belonging to a UK company.

CEO of Esos Rings Inc., began the scheme in 2017 by claiming ownership of patented near-field communication (NFC) payment rings that actually belonged to UK-based company, McLear Ltd.

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