A man in the San Fernando Valley of California has agreed to plead guilty to wire fraud, after prosecutors accused him of running a multimillion-dollar Ponzi scheme targeting local Filipino community members, including senior churchgoers. It was all under the guise of investing in his two tech companies, prosecutors wrote in the plea deal, with D’Habsburg making several claims including that his technology could detect Covid-19 infection based on video. At one point in 2020, D’Habsburg convinced a victim to wire $224,378.43 to his bank account in the name of BAI intelligence, prosecutors wrote in the plea deal reached with the defendant. He then used the money to buy luxury cars like a vintage Rolls Royce and rare antiques, court documents said. D’Habsburg hired recruiters to identify potential investors from the community for his business Wild Rabbit Technologies, in addition to BAI Intelligence, and marketed alleged artificial intelligence technology, prosecutors wrote in the plea deal.

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Persons: Sylvein William Maximilian D’Habsburg XVII, D’Habsburg, who’s, Bryan Thomas, “, ”, Mr, ” Bryan Thomas, ” Licelle Cobrador, ” Cobrador, D’Habsburg “, he’d, Kobe Bryant, Michael Jordan, Joel Osteen, Mike Pompeo, Hillary Clinton, Cobrador Organizations: BAI, Royce, NBC News, BAI Intelligence, American Legal Defense, Education Fund, Attorney’s, Central, Central District of, Rabbit Technologies, Kobe, Harvard University, “ Locations: San Fernando Valley, California, U.S, Central District, Central District of California, Philippines