Jun 19, 2026 – 12.09pmThe former chief executive of failed artificial intelligence marketing start-up Metigy has been sentenced to nine years in jail for misleading investors while raising capital and dishonestly using his position as a director to obtain a multi-million-dollar personal loan to spend on luxury residential properties.In November, David Fairfull admitted to one count of making false and misleading statements to investors who put in $15.7 million for shares during a $50 million capital raising in 2021, and one count of dishonestly using his position as a director to gain an advantage when borrowing $7.7 million in 2021.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles