Former CEO sentenced over reciprocal revenue deal before IPO
Kubient Inc. · Adtech / AI ad-fraud detection
The case in brief
Visible before detection
Checks that could have surfaced it, on hindsight
Bank credits vs books
Matching in and out payments with one party would show.
Can mislead when: AA only sees the accounts the company links, so an undisclosed account stays invisible. Cash-heavy businesses and timing differences create false flags.
Ownership / related-party links
The customer would also be a supplier.
Can mislead when: Nominee directors and offshore layers hide links. Name matching throws up false positives, so every flag shows its evidence path.
Operating-metric verification
AI output would not trace to real traffic data.
Can mislead when: Contract staff do not appear in EPFO. Vahan access needs licensed APIs. Some businesses have no physical trace.
Third-party confirmation
The counterparty would not confirm delivered services.
Can mislead when: Counterparties can collude or ignore requests. A non-response is logged as a gap, never as a pass.
Where Kubr services would have helped
Financial diligence
Offered in India- C1 Matching in and out payments with one party would show.
- C3 The customer would also be a supplier.
- C10 AI output would not trace to real traffic data.
Portfolio monitor
Offered in India- C1 Matching in and out payments with one party would show.
- C3 The customer would also be a supplier.
- C10 AI output would not trace to real traffic data.
Proceeds tracer
Offered in India- C1 Matching in and out payments with one party would show.
- C3 The customer would also be a supplier.
- C10 AI output would not trace to real traffic data.
Model check
Offered in India- C1 Matching in and out payments with one party would show.
- C10 AI output would not trace to real traffic data.
Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.
Same pattern
A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.