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March 3, 2026

Investigates July 25, 2020

YouPlus founder Shaukat Shamim accused of fraud in fundraising efforts

Investigates ı By Jackie Allen

2,684 0 Comments

Shamim claimed that it was “similar to how Google is indexing the textual web by looking inside and indexing keywords, Youplus is using computer vision, audio, and text analysis to look inside videos” to understand market trends.  The criminal complaint alleges that instead of using AI, YouPlus paid workers in India to watch videos and record their impressions.  Shamim could face up to 20 years in prison plus fines and restitution if convicted of wire fraud. He also faces 20 years in prison and $5 million in fines if convicted of the securities charges. -------------------------------------------------- Have a story you want USA Herald to cover? Submit a tip here and if we think it's newsworthy, we'll follow up on it. Want guaranteed coverage? We also offer contract journalism here.  Just be sure you're comfortable giving up editorial control, because our journalists are dogged and will follow the story through to it's conclusion. The story will be published to our exacting standards, without regard for your preferred slant.

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Jackie Allen
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Jackie Allen

Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.

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