Category: Ponzi Scheme

Getty Getty Images Cryptoassets do not need a rescue fund, a bailout, or any other so-called “white knight” initiatives; the sector needs to have a…

View More Crypto Does Not Need A Rescue Fund, It Needs To Get Boring

The collapse of the SVG Classic Car Fund debacle continues The Bernie Madoff crisis shook the financial world when a reputable New York financier was exposed…

View More Does St Vincent have its own Bernie Madoff scandal?

Business consultants love the trope that those who got rich from the California Goldrush were not the miners, but the shopkeepers who sold picks and…

View More FTX, cryptocurrency collapse is predictable end to a get-rich-quick scheme

Ex-Premier League player and Charlton legend Richard Rufus reportedly “scammed friends and family out of £15m”, court heard this week. The 47 year old, allegedly…

View More Ex-Premier League player and Charlton legend “scammed friends and family out of £15m”

NDIC The Nigeria Deposit Insurance Corporation (NDIC), has listed greed and desperation to make quick money as reasons people fall prey to Ponzi schemes. This…

View More People Fall Prey To Ponzi Schemes Due To Greed

“Our goal is to earn back the trust and confidence of AUSTRAC and all our regulators. We will continue to work with AUSTRAC as we…

View More How The Star Entertainment Group let crooks, Ponzi schemers and foreign agents gamble

A Fresno man who wooed investors and wowed local media with claims of inventing a device to foil porch pirates was arrested Monday by FBI agents.…

View More Feds nab Fresno ‘inventor’ for scamming investors in $4.2mil Ponzi scheme, COVID benefit fraud

Former FTX head Sam Bankman-Fried (SBF) selected cryptocurrency vlogger Tiffany Fong for a series of lengthy and candid telephone interviews. In the two interviews that…

View More ‘I Don’t Even Know How To Code’: FTX’s Sam Bankman-Fried Has Long, Candid Talk With Vlogger

Savika: Was ‘only an investor’ Actress Savika “Pinky” Chaiyadej and her mother on Tuesday told the Criminal Court they had never persuaded or duped anyone…

View More ‘Pinky’ denies duping anyone as Forex trial begins

Comment on this story Comment Amid all the bombshell revelations about fallen crypto king Sam Bankman-Fried, a seemingly trivial bit of information might tell us…

View More Opinion | Sam Bankman-Fried doesn’t read. That tells us everything.