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  "documentTitle": "Faraday Future Intelligent Electric Inc. (FFAI)",
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      "text": "We believe a significant portion of FFAI’s financing has been either fake or seriously misleading.",
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      "text": "FFAI announced a $100 million of financing in May 2023, supposedly secured from Metaverse Horizon Limited and V W Investments Holdings.",
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      "text": "In 2019, shortly before YT declared bankruptcy, FFAI received financing from a group of employees who ultimately borrowed the money from entities closely associated with YT’s nephew, RK Jia.",
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      "text": "Metaverse Horizon appears to be a front. An investigator went to their listed Beijing address and was told by the leasing agent that the office had never been leased, built out, or decorated.",
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      "text": "V W was formed in the British Virgin Islands four days before the supposed deal was inked and is owned by one of YT’s neighbors in California.",
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      "text": "We believe a significant portion of FFAI’s financing has been either fake or seriously misleading. FFAI buried its SEC’s Wells Notice under a July 16th announcement of a signed $82 million Securities Purchase Agreement...",
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      "text": "The sole director listed for Metaverse Horizon appears to be a 76-year-old farmer from the village where YT was born. The main investor in Metaverse Horizon is a group of insiders at FFAI...",
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      "kind": "quote",
      "text": "You know the way they always announce the sales; they're not sales [...] They'll give them [the co-creators] money and then with the money that they gave them [the co-creators] buy the car.",
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      "text": "You know the way they always announce the sales; they're not sales [...] They'll give them [the co-creators] money and then with the money that they gave them [the co-creators] buy the car. Plus, they give them fees to be the [co-creator], so every car that was sold we would lose like a million dollars. — Former FFAI employee",
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