Indian authorities seize loot from BitConnect crypto scamIndia has seized over $200 million linked to the BitConnect Ponzi scheme.Investors were promised unrealistic returns, but the operation was a scam.
U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto PlatformThe SEC charged brothers Jonathan and Tanner Adam for a $60 million Ponzi scheme targeting over 80 investors with fraudulent crypto trading claims.
Indian authorities seize loot from BitConnect crypto scamIndia has seized over $200 million linked to the BitConnect Ponzi scheme.Investors were promised unrealistic returns, but the operation was a scam.
U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto PlatformThe SEC charged brothers Jonathan and Tanner Adam for a $60 million Ponzi scheme targeting over 80 investors with fraudulent crypto trading claims.
He gave himself a royal name, D'Habsburg XVII, and orchestrated a multimillion-dollar conD'Habsburg operated a $5.9 million Ponzi scheme targeting seniors, promising false AI technology and celebrity endorsements.
California man already in prison for fraud ran new $10M scheme from cell, prosecutors saySeth Adam Depiano continues to commit fraud from prison, leading to new charges in a $10 million real estate scam.
Famed Beverly Hills watch dealer faces prison time after pleading guilty to fraudAnthony 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: ReportsCryptocurrency scammers can face severe legal repercussions, as demonstrated by the arrest of OmegaPro co-founder Andreas Szakacs in Turkey.
Miami man charged with swindling $39 million from Venezuelans, bought luxury condo, feds sayEfrain Betancourt Jr. faces serious charges for allegedly defrauding investors through a Ponzi scheme, despite a previous settlement.
Former Biglaw Partner Loses Appeal On Crypto Scam Conviction - Above the LawFormer lawyer Mark Scott received a 10-year prison sentence for his role in the OneCoin cryptocurrency fraud scheme.
He gave himself a royal name, D'Habsburg XVII, and orchestrated a multimillion-dollar conD'Habsburg operated a $5.9 million Ponzi scheme targeting seniors, promising false AI technology and celebrity endorsements.
California man already in prison for fraud ran new $10M scheme from cell, prosecutors saySeth Adam Depiano continues to commit fraud from prison, leading to new charges in a $10 million real estate scam.
Famed Beverly Hills watch dealer faces prison time after pleading guilty to fraudAnthony 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: ReportsCryptocurrency scammers can face severe legal repercussions, as demonstrated by the arrest of OmegaPro co-founder Andreas Szakacs in Turkey.
Miami man charged with swindling $39 million from Venezuelans, bought luxury condo, feds sayEfrain Betancourt Jr. faces serious charges for allegedly defrauding investors through a Ponzi scheme, despite a previous settlement.
Former Biglaw Partner Loses Appeal On Crypto Scam Conviction - Above the LawFormer lawyer Mark Scott received a 10-year prison sentence for his role in the OneCoin cryptocurrency fraud scheme.
Bernie Madoff victims get final $131M payout from compensation fund, bringing total to a whopping $4.3B: fedsThe final payments to Bernie Madoff's victims total over $4.3 billion, recovering 93.71% of losses for over 40,000 impacted investors.
Bernie Madoff's Ponzi Scheme Victims Get Final Payments | EntrepreneurThe final payments to Bernie Madoff's Ponzi scheme victims are being distributed, totaling 94% of their losses.
Bernie Madoff victims get final $131M payout from compensation fund, bringing total to a whopping $4.3B: fedsThe final payments to Bernie Madoff's victims total over $4.3 billion, recovering 93.71% of losses for over 40,000 impacted investors.
Bernie Madoff's Ponzi Scheme Victims Get Final Payments | EntrepreneurThe final payments to Bernie Madoff's Ponzi scheme victims are being distributed, totaling 94% of their losses.
Ex-Miami booster's sentence commuted by BidenNevin Shapiro's prison sentence was commuted by President Biden, despite his notorious past involving a massive Ponzi scheme and NCAA sanctions.
Biden grants clemency to infamous UM booster and Ponzi schemer Nevin ShapiroPresident Biden granted clemency to Nevin Shapiro, a former UM booster sentenced for a Ponzi scheme, acknowledging efforts to rectify outdated sentencing practices.
Ex-Miami booster's sentence commuted by BidenNevin Shapiro's prison sentence was commuted by President Biden, despite his notorious past involving a massive Ponzi scheme and NCAA sanctions.
Biden grants clemency to infamous UM booster and Ponzi schemer Nevin ShapiroPresident Biden granted clemency to Nevin Shapiro, a former UM booster sentenced for a Ponzi scheme, acknowledging efforts to rectify outdated sentencing practices.
Investment firm London Capital & Finance was Ponzi scheme, court rulesLCF operated as a Ponzi scheme, misleading investors and causing significant financial losses, as ruled by a London judge.
A $1.6M Miami Ponzi scheme paid for private school, tennis lessons, nails, feds sayDusan Varga financed an extravagant lifestyle through a Ponzi scheme, attracting $1.6 million from investors before facing legal action.
OC Homes of AB Capital Owners Raided by FBIFBI agents seized evidence in AB Capital executives' homes related to a Ponzi scheme.Investors, including wealth manager Brian Werlemman, were allegedly duped out of tens of millions of dollars in this elaborate scheme.
Investment firm London Capital & Finance was Ponzi scheme, court rulesLCF operated as a Ponzi scheme, misleading investors and causing significant financial losses, as ruled by a London judge.
A $1.6M Miami Ponzi scheme paid for private school, tennis lessons, nails, feds sayDusan Varga financed an extravagant lifestyle through a Ponzi scheme, attracting $1.6 million from investors before facing legal action.
OC Homes of AB Capital Owners Raided by FBIFBI agents seized evidence in AB Capital executives' homes related to a Ponzi scheme.Investors, including wealth manager Brian Werlemman, were allegedly duped out of tens of millions of dollars in this elaborate scheme.
SEC charges crypto firm NovaTech with fraud | TechCrunchSEC 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 VenezuelansTwo Venezuelan citizens committed securities fraud against investors, leading to significant financial penalties.
SEC charges crypto firm NovaTech with fraud | TechCrunchSEC 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 VenezuelansTwo Venezuelan citizens committed securities fraud against investors, leading to significant financial penalties.
The 8 Most Common Money-Saving Moves Americans Plan to Do If Social Security Runs OutSocial Security is increasingly viewed as unsustainable due to demographic shifts and reliance on current worker taxes to pay beneficiaries.
Al Pacino Says He Appeared in Jack and Jill' Because He Was Broke' and F**ked'Al Pacino accepted a role in 'Jack and Jill' due to severe financial struggles following a Ponzi scheme.
Alleged Ponzi Scheme Salesman Either A Bad Speller Or A Literate MasochistFlorida Man stories reveal a bizarre and chaotic side of life in Florida, driven by criminal activities and eccentric behaviors.
Logistics Report: Pandemic's Classroom Legacy; Ailing Pharma Production; Hot Cold StorageInflation 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 NewsUnexplained 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.