Category: Ponzi Scheme

The governor of the Central Bank has described crypto trading as a “ponzi scheme. A Ponzi scheme is a form of fraud that lures investors…

View More Cryptocurrency Trading Is A “Ponzi Scheme” Claims Central Bank Governor

Comment on this story Comment Good morning, Early Birds. Send Washington dog park gossip and other tips to earlytips@washpost.com. Thanks for waking up with us.…

View More Budget school is in session — House GOP seeks to educate members about debt ceiling

The US Securities and Exchange Commission (SEC or Commission) had an active fourth quarter, rounding out a record-breaking calendar year that saw several significant enforcement…

View More SEC Spotlight: Enforcement And Regulatory Developments In The Fourth Quarter Of 2022 – Securities

Comment on this story Comment George Santos graciously welcomed his three guests to Il Bacco Ristorante in Queens. Restaurant staff took their coats at the…

View More How George Santos pitched an alleged Ponzi scheme to investors

The Hamptons home of disgraced Ponzi schemer Bernie Madoff has finally found a buyer after a 13-year wait.  Madoff – who died in 2021 while…

View More Bernie Madoff’s Hamptons home finally bought after disgraced Ponzi schemer was forced to sell

Tribune News Service New Delhi, January 24 The Enforcement Directorate (ED) today said it had arrested the managing director of a Manipur-based company…

View More ED arrests Manipur ponzi firm MD, attaches assets : The Tribune India

Investors seeking claims in an alleged Ponzi scheme involving former Chattanooga businessman John J. Woods will receive an initial payout of $18 million, a judge…

View More Judge OKs $18 million to investors in Ponzi case of former Chattanooga businessman

By Carolina Bolado (January 24, 2023, 6:20 PM EST) — A Miami woman was sentenced Monday to four years in prison for running a $2.4…

View More Miami Woman Gets 4 Yrs. For Running $2.4M Ponzi Scheme

The cryptocurrency meltdown is regularly described as a liquidity crisis by industry insiders and uncritical media outlets. The story goes something like this: a downturn…

View More The Crypto Token Economy Is Second-Order Fraud

Janus, the two-headed Roman deity for whom the month January is named, could see the past and the future but not the present. The US…

View More The January Effect: The US Internal Revenue Service Rules on Cryptocurrency Loss Harvesting | Perspectives & Events