Category: Ponzi Scheme

The Daily Hit is a recap of cannabis business news for Nov. 3, 2022. ON THE SITE Report: New York State Cannabis Fund Managers Have…

View More The Daily Hit: November 3, 2022

The Herald Business Reporter The Zimbabwe Stock Exchange (ZSE) has said it is working on the framework of Contract for Difference (CFD) to govern the…

View More ZSE to introduce forex trading on VFEX

The 2008 downfall of Bernie Madoff after his $65 billion Ponzi scheme shook Wall Street to its core. In fact, nearly 15 years after the…

View More How Security Tokens Can Benefit Creditors in Bankruptcy Restructurings

The State Bar of California on Thursday released 40 years of disciplinary records for the now-disbarred attorney Thomas Girardi, admitting that its handling of those…

View More California Bar Releases Decades of Girardi Discipline Docs (1)

California’s state bar opened more than 200 disciplinary reviews of famed trial lawyer Tom Girardi over the last 40 years but closed most of the…

View More Tom Girardi Faced More Than 200 Bar Complaints During His Career, Records Show

Remember the recent massive Ponzi scheme organized by marijuana investment platform JuicyFields? The pyramid scam that guaranteed 66% returns in three months then suddenly froze all cash withdrawals and deleted its accounts from social media? …

View More JuicyFields Ponzi Scheme: Attorney For 800 Plaintiffs Goes After Facebook, Forbes, Google, YouTube – Alphabet (NASDAQ:GOOGL), (FB)

Tether’s suspected ties to bank fraud are under a more powerful microscope as America’s top financial cops take over a stalled investigation of the world’s…

View More Tether mints, FTX liquidates, Alameda pads balance sheet

Ponzi schemes have been around for a long time and usually involve someone promising high returns on investment but using money from new investors to…

View More 1/3 of the American Population Still Think Cryptocurrencies Are Ponzi Schemes

The Securities and Exchange Commission has charged Jebara Igbara, the founder of Halal Capital LLC, for an alleged fraudulent scheme worth more than $8 million…

View More Instagram influencer ‘Jay Mazini’ charged by SEC after facing up to 20 years in prison

Fraudulent schemes often key to inducing investors to place their trust in the fraudster. While it often seems simple to avoid the would be fraudster…

View More Free Riding and a Ponzi Scheme