California tech CEO busted in bizarre $2M smart ring scam after ripping off British business owner
Metro California tech CEO busted in bizarre $2M smart ring scam after ripping off British business owner By Sheetal Banchariya Published Sep. ET See more of our coverage in your search results. Michelle Bisnoff, CEO of Esos Rings Inc., began the scheme in 2017 by claiming ownership of patented near-field communication (NFC) payment rings that actually belonged to McLear Ltd., a UK-based company that had hired her to develop its US market, the US Attorney’s Office said Friday.
- ▪Metro California tech CEO busted in bizarre $2M smart ring scam after ripping off British business owner By Sheetal Banchariya Published Sep.
- ▪ET See more of our coverage in your search results.
- ▪Michelle Bisnoff, CEO of Esos Rings Inc., began the scheme in 2017 by claiming ownership of patented near-field communication (NFC) payment rings that actually belonged to McLear Ltd., a UK-based company that had hired her to develop its US
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Story provenance
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Record
| Original publisher | California Post |
| Canonical URL | https://nypost.com/2026/09/28/us-news/california-tech-ceo-busted-in-international-2m-smart-ring-ponzi-scheme/ |
| Publication time | Mon, 28 Sep 2026 14:01:45 -0400 |
| Retrieval time | 2026-09-29T06:32:07.415Z |
| Last seen | 2026-09-29T06:32:07.415Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | 3gqdXbAl8N7D · 1 stories |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
Metro California tech CEO busted in bizarre $2M smart ring scam after ripping off British business owner By Sheetal Banchariya Published Sep. 28, 2026, 2:01 p.m. ET See more of our coverage in your search results. Make California Post a Preferred Source <style>.google-preferred-sources{display:none}</style> (function() { var overlay = document.getElementById("nyp-player-lcp-overlay"); if (!overlay) { return; } function hideOverlay() { overlay.remove(); } function afterDCL() { requestAnimationFrame(hideOverlay); } if (document.readyState === "loading") { document.addEventListener("DOMContentLoaded", afterDCL, { once: true }); } else { afterDCL(); } })(); A wearable tech company’s boss will spend decades in prison for running a near-$2 million Ponzi scheme, duping investors with fabricated…
Excerpt limited to ~120 words for fair-use compliance. The full article is at California Post.
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