LPL Financial has been fined $150,000 by Finra over allegations that it failed to stop a registered representative from using client funds as part…
View More LPL Fined $150K For Allegedly Ignoring Signs Of Rep’s Ponzi Scheme
Category: Ponzi Scheme
Leader of Suspected Russian Ponzi Scheme Is Arrested in UAE: Report
Finiko was popular in Russia in 2020-2021, marketing itself as a crypto investment fund. The company, which had been conducting public events and openly advertising…
View More Leader of Suspected Russian Ponzi Scheme Is Arrested in UAE: Report
Bernie Madoff’s Historic Ponzi Scheme Focus of Netflix Docuseries – Rolling Stone
Four-part series from documentarian Joe Berlinger features interviews with “whistleblowers, employees, investigators, and victims,” as well as never-before-seen footage of Madoff’s video depositions Over a…
View More Bernie Madoff’s Historic Ponzi Scheme Focus of Netflix Docuseries – Rolling Stone
For FTX customers, IRS Ponzi rules loom large
Fox News contributor Andrew McCarthy says disgraced FTX founder Sam Bankman-Fried could face a ‘very, very high’ federal sentencing. FTX customers will face a nightmare…
View More For FTX customers, IRS Ponzi rules loom largeFraudster’s luxury item rake in small fortune at auction
Jewellery dripping with diamonds, prized art and designer handbags once owned by Melissa Caddick have sold for a fraction of what the fraudster is believed…
View More Fraudster’s luxury item rake in small fortune at auction
Hero Mining in the Philippines hit with unregistered digital mining firm warning
The Securities and Exchange Commission (SEC) of the Philippines has issued a public advisory against Hero Mining International Group for offering unregistered securities to members of the…
View More Hero Mining in the Philippines hit with unregistered digital mining firm warning
Dr. Doom Sees Plenty of Gloom: Roubini’s Bearish Musings
Nouriel Roubini, chief economist at Atlas Capital, made his name calling the financial crisis of 2007-09, earning the moniker of Dr. Doom. He finds a…
View More Dr. Doom Sees Plenty of Gloom: Roubini’s Bearish Musings
Kim Kardashian, Floyd Mayweather Beat Lawsuit Over Cypto Promotions – The Hollywood Reporter
A federal judge dismissed on Wednesday a lawsuit against celebrity endorsers of the cryptocurrency EthereumMax accusing them of fraudulently misleading their followers into buying EMAX…
View More Kim Kardashian, Floyd Mayweather Beat Lawsuit Over Cypto Promotions – The Hollywood Reporter
George Devolder Santos, the Russian doll of an American political money machine
New York’s 3rd Congressional District, a patch of land that includes Long Island’s Northshore area and parts of Queens, embraced Congressman-elect George Santos for its…
View More George Devolder Santos, the Russian doll of an American political money machine
Sam Bankman-Fried’s employees at FTX, which struck deals with Tom Brady and Steph Curry, said it “was too expensive from the beginning.”
Bankrupt crypto exchange FTX pursued a $100 million sponsorship deal with pop music icon Taylor Swift, according to the Financial Times. Negotiations with Swift, the…
View More Sam Bankman-Fried’s employees at FTX, which struck deals with Tom Brady and Steph Curry, said it “was too expensive from the beginning.”