Category: Ponzi Scheme

By Daniel Tay · December 20, 2022, 9:15 PM EST A bank is not covered for $32 million it paid to settle a bankruptcy lawsuit…

View More No Coverage For Bank’s $32M Ponzi Scheme Settlement

A Georgia man who defrauded victims out of more than $115 million in an “elaborate” Ponzi scheme was sentenced to more than 20 years in…

View More Fraudster sentenced to 20 years for Ponzi scheme, N95 mask scam

A new Deloitte report discusses the importance of ethics, the types of misuse of new technologies, and approaches companies can take to operationalize standards. Image:…

View More Ethical principles governing emerging tech lacking in most organizations

Comment on this story Comment Regarding the Dec. 15 front-page article “Investors say stars who hyped FTX should pay up”: Why shouldn’t celebrity endorsers pay…

View More Opinion | Celebrity endorsers should be liable for financial schemes

The Enforcement Directorate (ED) on Tuesday said that it has attached movable and immovable properties worth Rs 81.7 crore in the form of bank balances,…

View More ED attaches assets worth Rs 81.7 cr in ponzi scheme case

Christopher A. Parris, 42, formerly of Rochester, New York, and currently of Lawrenceville, Georgia, who was convicted of conspiracy to commit mail fraud related to…

View More Georgia Man Sentenced to 244 Months in Prison for His Role in Ponzi and COVID-19 Fraud Schemes | OPA

Christopher Parris was known to endear himself to the investors whom he enticed into business. A religious man, he found others of faith and came…

View More Christopher Parris sentenced in Ponzi fraud case in Rochester NY

The Justice Department has charged many business owners with fraud over their PPP and EIDL loans. Convictions relate to sports-car purchases, million-dollar homes, jewelry, and…

View More Fraudulent PPP Loans Used to Buy Real Estate, Luxury Cars, and Jewelry

PayPal partners with MetaMask developer ConsenSys to make it easy for people to buy crypto. FTX founder Sam Bankman-Fried arrested in the Bahamas and faces…

View More The top crypto news from December 2022

Key Takeaways QuadrigaCX filed for bankruptcy in 2019 after its CEO Gerald Cotten died in mysterious and sudden circumstances Cotten was claimed to be the…

View More Lost 100 BTC from scam exchange QuadrigaCX suddenly move