U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform
The SEC charged brothers Jonathan and Tanner Adam for a $60 million Ponzi scheme targeting over 80 investors with fraudulent crypto trading claims.
SEC charges crypto firm NovaTech with fraud | TechCrunch
SEC suing NovaTech for $650 million fraudulently raised from investors, alleging MLM scheme that siphoned funds and collapsed, leaving victims unable to withdraw.
Miami men will pay $1.29 million after alleged fraud targeting Miami Venezuelans
Two Venezuelan citizens committed securities fraud against investors, leading to significant financial penalties.
U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform
The SEC charged brothers Jonathan and Tanner Adam for a $60 million Ponzi scheme targeting over 80 investors with fraudulent crypto trading claims.
SEC charges crypto firm NovaTech with fraud | TechCrunch
SEC suing NovaTech for $650 million fraudulently raised from investors, alleging MLM scheme that siphoned funds and collapsed, leaving victims unable to withdraw.
Miami men will pay $1.29 million after alleged fraud targeting Miami Venezuelans
Two Venezuelan citizens committed securities fraud against investors, leading to significant financial penalties.
Famed Beverly Hills watch dealer faces prison time after pleading guilty to fraud
Anthony Farrer pleaded guilty to fraud, conned clients out of $5.6 million, and could face 20 years in prison.
OmegaPro Co-Founder Arrested in Turkey on Suspicion of $4B Ponzi Scheme: Reports
Cryptocurrency scammers can face severe legal repercussions, as demonstrated by the arrest of OmegaPro co-founder Andreas Szakacs in Turkey.
2 Men Bilked Wine Investors Out of $99 Million in Ponzi Scheme, U.S. Says
Two British men ran a Ponzi scheme, convincing investors to put up nearly $100 million in loans to non-existent wealthy wine collectors.
The defendants each face up to 20 years in prison if convicted.
California beauty queen accused of stealing millions from friends in Ponzi scheme
Maria 'Dulce Pino' Dickerson allegedly ran a $10 million Ponzi scheme, funding her lavish lifestyle and deceiving investors through social media and false claims.
The feds want to hear from Miami victims of a potential $25 million Ponzi scheme
Federal prosecutors seek more investors who might have been involved with Jawahar's Ponzi scheme.
Jawahar faces wire fraud and investor fraud charges, accused of extravagant spending with investors' funds.
Famed Beverly Hills watch dealer faces prison time after pleading guilty to fraud
Anthony Farrer pleaded guilty to fraud, conned clients out of $5.6 million, and could face 20 years in prison.
OmegaPro Co-Founder Arrested in Turkey on Suspicion of $4B Ponzi Scheme: Reports
Cryptocurrency scammers can face severe legal repercussions, as demonstrated by the arrest of OmegaPro co-founder Andreas Szakacs in Turkey.
2 Men Bilked Wine Investors Out of $99 Million in Ponzi Scheme, U.S. Says
Two British men ran a Ponzi scheme, convincing investors to put up nearly $100 million in loans to non-existent wealthy wine collectors.
The defendants each face up to 20 years in prison if convicted.
California beauty queen accused of stealing millions from friends in Ponzi scheme
Maria 'Dulce Pino' Dickerson allegedly ran a $10 million Ponzi scheme, funding her lavish lifestyle and deceiving investors through social media and false claims.
The feds want to hear from Miami victims of a potential $25 million Ponzi scheme
Federal prosecutors seek more investors who might have been involved with Jawahar's Ponzi scheme.
Jawahar faces wire fraud and investor fraud charges, accused of extravagant spending with investors' funds.
Inflation in the US rose at a 2.5% annual rate in June.
B.C. files unexplained wealth order to seize cash, gold bars from Quadriga crypto scam co-founder | CBC News
Unexplained wealth order filed in B.C. to seize assets tied to fraudulent crypto exchange.
Requirement for individuals to explain wealth sources amidst suspicions of criminal activity.
Former Texas lawyer accused of bilking clients for at least $20M is sentenced for 'Ponzi-type scheme'
Former lawyer Christopher John Pettit sentenced to 50 years in prison for a 'Ponzi-type scheme' involving clients' money.
Clients lost $20-65 million in the scheme where Pettit used their money to pay off other debts and support his lavish lifestyle.
Fraud gang who used aliases from TV hits Suits and The Riot Club stole 1m
A gang of investment fraudsters stole over 1 million using aliases from popular TV shows.
The fraudsters cold-called members of the public and pressured them into investing in a scheme.
UK man arraigned in Brooklyn court on fine wine Ponzi scheme: feds
British man arraigned in Brooklyn federal court on fraud charges for operating a fine wine Ponzi scheme.
Stephen Burton and James Wellesley convinced investors to give them $99 million, promising regular interest payments backed by wine bottles they claimed to hold.