#investment-schemes

[ follow ]
Brooklyn Eagle
1 month ago
Venture

Executives convicted in $1B fraud scheme, defrauded over 10,000 investors

A Manhasset CEO and Texas accomplice convicted of defrauding investors out of $1 billion.
Convictions highlight the use of investor capital to maintain appearances of successful portfolio companies.
The case underscores the prosecution's commitment to safeguarding financial market integrity. [ more ]
BKReader
5 months ago
Brooklyn

Brooklyn DA Cracks Down on Multi-Million Dollar 'Pig Butchering' Cryptocurrency Fraud

The Brooklyn District Attorney's Virtual Currency Unit disrupted a virtual scam operation that defrauded victims of millions of dollars.
The scheme involved luring individuals online to invest in fraudulent cryptocurrency schemes with promises of huge financial returns. [ more ]
London Business News | Londonlovesbusiness.com
5 months ago
Venture

EIS or VCT, which one is right for you?

VCTs and EIS are UK venture capital investment schemes with differences in risk and timeframe.
VCTs offer diversification and shorter-term investments, while EIS investments are more concentrated and long-term. [ more ]
www.cbc.ca
7 months ago
Digital life

This article is real but AI-generated deepfakes look damn close and are scamming people | CBC News

Scammers are using deepfake technology to exploit the names and images of Canadian celebrities to promote investment and cryptocurrency schemes.
Lawyers warn that current laws have not kept up with rapidly advancing AI technology, leaving little legal recourse for victims of deepfake scams. [ more ]
[ Load more ]