Category: Ponzi Scheme

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

Attorney-General (A-G), Godfred Yeboah Dame The Commercial Division of the Accra High Court has ordered the dissolution of Quest Net Limited (QNET) for engaging in…

View More Qnet dissolved: A-G to go after other firms

Key Takeaways: Rug pulls happen when developers create a token paired with standard cryptos like USDT, list the token on a DEX, and pull all…

View More What Are Rug Pulls in Crypto and How to Avoid Them

By Isaac Monterose (November 2, 2022, 10:43 PM EDT) — A former executive of Cay Clubs Resorts and Marinas asked a Florida federal judge on…

View More Ex-Cay Clubs Exec Seeks New Trial After Bank Fraud Verdict

Former Girardi Keese attorneys David Lira and Keith Griffin will not be held in contempt for their involvement in the Lion Air crash litigation during…

View More Girardi Keese Lawyers Escape Contempt in Lion Air Funds Case (1)