#investment-fraud

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#ponzi-scheme
fromFortune
1 week ago
US politics

Republican banker accused in $140 million Ponzi scheme bought a Patek Philippe watch, jaunts to Kennebunkport, and put millions on his credit cards

fromFortune
1 week ago
US politics

Republican banker accused in $140 million Ponzi scheme bought a Patek Philippe watch, jaunts to Kennebunkport, and put millions on his credit cards

more#ponzi-scheme
fromBusiness Insider
5 days ago

Fyre Festival's Billy McFarland just sold the brand for $245,000. He still owes his victims $26 million.

Billy McFarland auctioned the branding rights of Fyre Festival on eBay for $245,300, receiving 175 bids, highlighting the event's lasting notoriety and his future endeavors.
Social justice
#scams
Marketing tech
fromOCCRP
4 months ago

Scam Operations Relied on Third-Party Marketing Companies for Steady Stream of Potential Victims

Scam Empire reveals the vast scale of international investment fraud operations involving call centers, impacting thousands of victims globally.
Marketing tech
fromOCCRP
4 months ago

Scam Operations Relied on Third-Party Marketing Companies for Steady Stream of Potential Victims

Scam Empire reveals the vast scale of international investment fraud operations involving call centers, impacting thousands of victims globally.
more#scams
#financial-crime
fromBoston.com
3 weeks ago
Boston real estate

Former hotel worker accused of swindling coworkers out of $700K in investment scam

fromBoston.com
3 weeks ago
Boston real estate

Former hotel worker accused of swindling coworkers out of $700K in investment scam

more#financial-crime
NYC startup
fromInsideEVs
2 months ago

Want A Nikola Hydrogen Truck? Now's Your Chance

Nikola Motors has filed for bankruptcy, selling hydrogen trucks but facing credibility issues and infrastructure challenges.
fromwww.theguardian.com
2 months ago

Former footballers claim financial grooming' took them to hell and back'

The investment fraud committee, launched in Westminster, highlights the severe impact of failed investment schemes on former footballers, many of whom face enormous tax penalties from HMRC.
UK politics
fromTechCrunch
3 months ago

Indian ride-hailing startup BluSmart swept up in Gensol investigation alleging misuse of EV loans | TechCrunch

The Securities and Exchange Board of India (SEBI) has initiated a probe into Gensol Engineering and its founders due to allegations of misuse of funds intended for electric vehicle loans.
European startups
#consumer-protection
Marketing tech
fromEntrepreneur
4 months ago

FTC Sues Click Profit, Alleges Passive Income Amazon AI Scam | Entrepreneur

Click Profit is accused of defrauding consumers by falsely promising guaranteed income through e-commerce ventures.
Marketing tech
fromEntrepreneur
4 months ago

FTC Sues Click Profit, Alleges Passive Income Amazon AI Scam | Entrepreneur

Click Profit is accused of defrauding consumers by falsely promising guaranteed income through e-commerce ventures.
more#consumer-protection
NYC startup
fromLos Angeles Times
4 months ago

California anti-poverty activist accused of defrauding investors out of more than $145 million

Joseph Sanberg, anti-poverty activist, was arrested for allegedly defrauding investors of $145 million.
LA Dodgers
fromLos Angeles Times
7 months ago

Man used Jackie Robinson contracts to steal millions from investors. Then he fled to Russia seeking asylum

Jackie Robinson's contracts are now held by U.S. Marshals, valuing them potentially in millions, stemming from a fraud investigation.
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