Category: Ponzi Scheme

WASHINGTON : Embattled Rep. George Santos persuaded at least one person to make a six-figure investment in a Florida-based company that the U.S. Securities and…

View More George Santos raised money for company the SEC says was a ponzi scheme

A New York oil dynasty that was a client of the legendary fraudster Bernard Madoff and lost billions in the demise of Enron has been…

View More Enron, Madoff and now FTX: New York’s Belfer family strike out again

Embattled Rep. George Santos (R-NY) is facing questions about his ties to an investment firm accused of running a “classic Ponzi scheme.” Santos, who flipped…

View More George Santos scrutinized over ties to investment firm accused of ‘Ponzi scheme’

Rep. George Santos (R-N.Y.), who has faced controversy after it was revealed he made false statements about large parts of his personal and work background, once…

View More WSJ: Santos raised money for Florida company SEC alleges is a Ponzi scheme

PESONAL FINANCE Last year, an acquaintance asked me about an investment he had made with a company that was claiming to give returns of 3%…

View More Are you invested in a Ponzi scheme?

Serial fabricator Rep. George Santos reportedly talked at least one person into investing a six-figure sum in an alleged Ponzi scheme. The embattled Republican scored…

View More George Santos got a six-figure sum for Ponzi scheme: report

Rep. George Santos (R-N.Y.), who has faced controversy since it was revealed he made false statements about large parts of his personal and work backgrounds, once…

View More WSJ: Santos raised money for company SEC alleges is a Ponzi scheme

More than 800 victims of the collapsed BitConnect crypto Ponzi scheme are set to receive $17 million in restitution, according to the U.S. Department of…

View More Over 800 Victims of BitConnect Crypto Ponzi Scheme To Receive $17,000,000 in Restitution, According to U.S. DOJ

In the cold early morning on New Year’s Day, Mr Kang arrived in Zhengzhou, in China’s Henan province, to demand answers in a bid to unfreeze…

View More Victims of bank Ponzi-like scheme in China unable to withdraw money from frozen accounts

GOP Rep. George Santos of New York raised money for Harbor City Capitol in 2020. The SEC called Harbor City a “Ponzi scheme victimizing hundreds,”…

View More Santos Raised Money for a Company That the SEC Says Was a Ponzi Scheme: WSJ