PITCHBOOK reports: For anyone working in finance, having your industry compared to a Ponzi scheme is less than ideal, to say the least. Unfortunately, for…
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Category: Ponzi Scheme
Federal Court Concludes Receivership in CFTC Ponzi Scheme Action Resulting in the Recovery of Over $1 Billion
Washington, D.C. — The Commodity Futures Trading Commission today announced the successful conclusion of the receivership in CFTC v. Walsh, et al., a $1.3 billion…
View More Federal Court Concludes Receivership in CFTC Ponzi Scheme Action Resulting in the Recovery of Over $1 Billion
Social Security Boost Seen as Unlikely To Help Dems at Polls | News, Sports, Jobs
FILE – Mary Browning, 69, talks during an interview at her home in Minneapolis on Thursday, Oct. 13, 2022. The news that…
View More Social Security Boost Seen as Unlikely To Help Dems at Polls | News, Sports, Jobs
$650M Real Estate Ponzi Scheme Was Run By 2 Hudson County Men: Feds
HUDSON COUNTY, NJ — Federal prosecutors say a Hoboken resident and two other men conspired in a $650 million Ponzi scheme that attempted to rip…
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$650M Real Estate Ponzi Scheme Was Run By Hoboken Man, Feds Say
HUDSON COUNTY, NJ — Federal prosecutors say a Hoboken resident and two other men conspired in a $650 million Ponzi scheme that attempted to rip…
View More $650M Real Estate Ponzi Scheme Was Run By Hoboken Man, Feds Say
It sounds like a Ponzi scheme
To the Editor: The greed of the management and the owners of The Villages and they’re raising the activities fees. It is nice to be…
View More It sounds like a Ponzi scheme
Brad E-Commerce Ltd Promised Juicy Returns, Took ‘Several Millions’ From Investors, Then Disappeared
Magnus Adebayo (not real name), an Oyo State-based businessman, has narrated how he and other unsuspecting Nigerians became victims of a fraud perpetrated by Brad…
View More Brad E-Commerce Ltd Promised Juicy Returns, Took ‘Several Millions’ From Investors, Then Disappeared
Will Social Security COLA increase help Democrats at midterms?
WASHINGTON — The news that 70 million people will see an 8.7% boost in their Social Security checks next year came just weeks before Election…
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Mark Davis of 660AM and his employer avoid a trial over Doc Gallagher’s Ponzi scheme
Mark Davis is best known as a top-rated conservative radio show host, a job he’s held in North Texas for close to 30 years. More…
View More Mark Davis of 660AM and his employer avoid a trial over Doc Gallagher’s Ponzi scheme
SEC launches ‘Check First’ for public to fact-check before making investment decision
Rachada said the Ministry of Digital Economy and Society, together with the Securities and Exchange Commission (SEC), has been suppressing investment scams on social media…
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