Comment by Riaz Haq on January 8, 2025 at 9:27am

US Charges 2 Surat Companies For Smuggling Chemicals Used To Make Opioids - IndiaWest Journal News

https://indiawest.com/us-charges-2-surat-companies-for-smuggling-ch...

NEW YORK, NY (Reuters) – Two Indian chemical companies have been indicted for allegedly importing ingredients for the highly addictive opioid fentanyl into the United States and Mexico, the U.S. Department of Justice said on January 6.

Athos Chemicals and Raxuter Chemicals, both based in Gujarat, were each charged in Brooklyn with distributing the ingredients and conspiring to distribute them.

Raxuter and senior executive Bhavesh Lathiya, 36, were also charged with smuggling, and introducing misbranded drugs into interstate commerce.

Lathiya was arrested on January 4 in New York and ordered detained pending trial, after prosecutors called him a flight risk and a substantial danger to the community.

“The Justice Department is targeting every link in fentanyl trafficking supply chains that span countries and continents and too often end in tragedy in the United States,” U.S. Attorney General Merrick Garland said.

Fentanyl is a synthetic opioid about 50 times more powerful than heroin and 100 times more powerful than morphine.

Opioids accounted for about 82,000 U.S. deaths in 2022, ten times the number in 1999, according to the U.S. Centers for Disease Control and Prevention.

Prosecutors said that since February 2024, the defendants supplied “precursor” chemicals they knew would be used to make fentanyl, and hid their efforts by mislabeling packages, falsifying customs forms, and making false declarations at border crossings.

Comment by Riaz Haq on June 5, 2025 at 10:02am

FJ
@Natsecjeff
London-based http://Builder.ai, a $1.5 billion AI company backed by Microsoft, files for bankruptcy after its ‘neural network’ was discovered to actually be 700 computer engineers based in India.

https://x.com/Natsecjeff/status/1930479898998493560

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AI company files for bankruptcy after being exposed as 700 Indian engineers
by
Virginia Glaze

https://www.dexerto.com/entertainment/ai-company-files-for-bankrupt...

AI is all the rage right now as companies laser in on language-learning models like ChatGPT, Gemini, LLaMA and more.

However, one of these AI brands has been exposed as a total sham in a wild scam that’s going viral on social media.

‘Natasha,’ an AI app-building service from London-based Builder.ai, claimed it had the ability to use artificial intelligence to create applications. From coming up with app designs to writing code, Natasha promised to pump out programs in record time.

Microsoft reportedly backed the ‘neural network’ with a $455 million investment, leading to a valuation of $1.5 billion… but it turns out all that cash was going toward a workforce of over 700 Indian engineers, rather than an AI.

AI app-building company exposed as hundreds of human workers
As reported by Binance, employees said the majority of labor at Builder.ai was produced by humans, with some clerical work being done using general software.

The farce lasted for eight years, getting exposed in May 2025. Builder announced bankruptcy shortly thereafter, writing in a statement on LinkedIn that it would be “entering into insolvency proceedings.”

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