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Bloomberg Businessweek
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Unveiling the Deceptive Practices of I am Academy
The chapter investigates the unethical tactics of I am Academy, a company that preyed on teenagers during the pandemic by offering false promises of wealth through online trading schemes. It exposes the manipulative strategies of the company, from using a non-functional algorithm to promoting a lavish lifestyle on social media through influencers. The discussion also addresses the legal implications of the company's misleading practices and the repercussions faced by young individuals who fell victim to their fraudulent schemes.
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