S9 Ep123: The Acquisition (Charlie Javice)
Swindled
Swindled
4.6 • 10.3K Ratings
🗓️ 6 April 2025
⏱️ 74 minutes
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Summary
The founder of a fintech company is accused of defrauding JPMorgan Chase by falsifying customer data to secure a $175 million acquisition deal.
Prelude: Joanna Smith-Griffin's rising startup is built on lies.
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Transcript
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| 0:00.0 | Ready to launch your business? Get started with the commerce platform made for entrepreneurs. |
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| 0:17.5 | From startups to scaleups, online, in person and on the go. |
| 0:22.0 | Shopify is made for entrepreneurs like you. |
| 0:24.5 | Sign up for your $1 a month trial at Shopify.com slash setup. |
| 0:30.9 | This episode of Swindled may contain graphic descriptions or audio recordings of disturbing events which may not be suitable for all audiences |
| 0:39.3 | listener discretion is advised L-A-USD is incorporating a new teaching tool we're talking about |
| 0:48.0 | artificial intelligence each student will soon have their own individualized AI tool |
| 0:53.8 | aka their personal assistant, |
| 0:56.1 | to help them with everyday tasks and also remind them about schoolwork. |
| 1:00.5 | The tool is named Ed, and is the first of its kind in the nation, |
| 1:04.6 | and will also be able to accommodate students verbally and on-screen and 100 different languages. |
| 1:11.5 | On March 20, 24, the Los Angeles Unified School District unveiled a new, groundbreaking |
| 1:17.9 | educational tool called Ed, a first of its kind learning acceleration platform powered |
| 1:23.6 | by artificial intelligence that could create personalized action plans uniquely tailored |
| 1:28.8 | to each individual student in the form of a cheerful, animated anthropomorphic sun. |
| 1:34.9 | Oh, hi, I'm learning every day just like you. See you soon. |
| 1:44.1 | Ed was essentially a chat bot, no different than something like chat-G-T. |
| 1:50.0 | Students and parents could ask Ed about grades, assignments, test results, even the bus schedule. |
| 1:55.0 | And Ed would dig into LAUSD's knowledge base and return the answer in seconds in their preferred language. |
| 2:02.1 | The bot would also send proactive reminders or nudges about deadlines and attendance via text |
... |
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