Stewards.ai Reports & Reviews (1)
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SCAMPULSE
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SCAMPULSE
If you know any contact information for Stewards.ai, help other victims by adding it!
Scammer's website www.stewards.ai
Scammer's address 1809 Wetherbourne Ct., Bowie, MD 20721, USA
Scammer's email [email protected]
Country United States
Victim Location RI 02908, USA
Total money lost $52,123.33
Type of a scam Employment
Initial means of contact Not applicable
Employment Scam
To Whom It May Concern,?
This is a formal complaint against Stewards AI and its Founder regarding disturbing unethical and fraudulent business practices as part of an organized startup employment and compensation scam. Company/Employment Scam Link: https://www.stewards.ai
The Steward AI’s/Founder knowingly recruits and hires staff in person (at industry events, college campuses, investor forums) using a falsified business contract which does not disclose that the Founder cannot pay employees/contractors for their work and IP produced for his company’s benefit and financial gain "before" they are hired and after. The CEO/Founder has deceptively recruited staff to attract investors and to lure in new staff who want to work on a growing team. The Founder uses employee's intellectual property to convince investors that he’s has built a viable business and team as a pathway to secure funding from global reputable Foundations, Private Investors, and global government entities (U.S. federal, state, municipal, and sovereign nation leaders) that he touts having a relationship with. The Founder does not disclose to other employees or his investors (current and prospective) that he is deceptively luring in employees and not fulfilling his financial/payroll obligations leaving employees/contractors working unpaid and knowingly causing financial harm to innocent people via his startup employment scam.
Key Highlights and Warnings
1. Fraudulent Hiring and Contract Practices: The Founder uses the business’s noble mission and business and academic events to approach, recruit, and hire candidates for what he’s communicating as full-time contract positions with detailed salary terms. He seeks to attract skilled professionals with deep networks and skills to benefit from them and then expects staff to work for free.
2) Ghosting Employees Who Raise Fraudulent Employment Concerns: The Founder promises milestone-based performance bonuses and equity as part of what he calls a generous compensation package. The employment scam red flags to note are as follows” 1) Questions asked and raised about the business’s operating model are ignored and delayed and 2) when meetings are scheduled to get to the bottom of things, the Founder will use not being available as a strategy to avoid accountability. This tactic has delayed the onboarding of employees he has recruited where he’s ghosted them while asking them to work and share their ideas for free during hiring discussions.
3) Unachievable Milestones to Lure Staff and Deceptively Boost Compensation Potential: Contractual performance bonuses are included as part of the contract, but the Founder sets up systems to prevent staff from conducting business to attain the bonuses. Ex. Not paying employees and expecting them to work for free while avoiding, deceiving, and professionally retaliating against anyone who raises an alarm about red flags seen in Steward AI.
4) Deceptive NDA/ IP Extraction Techniques: Another concern about Steward AI and the Founder’s hiring practices also relates to his aggressive approach to accessing employees’ intellectual property without payment. The Founder has launched a company asking employees to sign an NDA while knowing that he cannot pay employees while extracting ideas from them to attract investors and clients. As employees chase the Founder for status of critical employment and contract concerns, he is asking the same employees to produce content to help him woo investors, Foundations, and governments with no product. The Founder has operationalized a startup “Catch 22” where innocent prospective employees are given access to company systems and tools with promise of employment while he secretly races to raise funds while knowing he cannot pay his staff when they are hired. The hiring practices and techniques must be viewed as deceitful, misleading, and a misrepresentation of what the Founder sells to the public as a viable business.
Another feature in the employment scam is the way the NDA is proposed and handled. New hires have been asked and pressured to sign an overly general and restrictive NDA, IP Release, and Non-solicit terms when Stewards AI business did not have a product, service, or IP to protect. Individuals who have signed the NDA have now released their IP to a Founder who has fraudulently positioned his business as viable when it is was not.
5) Deceptive and Fraudulent Compensation Scam: Employment with Stewards AI can be viewed as an employment scam because a formal contract is established and presented to new recruits without disclosing that Stewards AI is not funded or able to meet its payroll obligations when the Founder is directly asked before being hired and after.
Employment opportunities are offered to unsuspecting professionals, and the Founder sets contractual terms for a set pay date. When the first payment is due, The Founder does not disclose that funds are unavailable and uses “busyness” and “ghosting” as a feature and not a bug to avoid explaining what the true nature of the business’s financial health is. When confronted with unethical business practices, the Founder will also resort to lying and saying that employees/contractors never worked for him even when a signed contract exists. Gaslighting as a business strategy is not a viable and ethical way to work.
Anyone approached by Stewards AI must be very cautious when dealing with a business and Founder who builds a company using unethical and fraudulent hiring and operational practices while touting himself as an experienced business leader at to governments, clients, investors, and employees.
6) Employment Scam Misleading Investors, Foundations, Governments, and Needy Communities: The most distressing aspect of the employment scam with Stewards AI is this: The organization seeks to help communities (including underrepresented ones) thrive while aggressively hiring employees/contractors from these same underrepresented communities to work for him using fraudulent hiring practices. Employees should be cautious when evaluating and planning and entering an employment discussion with a company that is not what it appears to be and withholds compensation because it falsified its financial health and cashflow as part of a bait and switch employment scam.