ESSEX COUNTY, NJ — An Essex County resident pleaded guilty to conspiracy to commit securities fraud in connection with a $650 million Ponzi scheme that…
View More $650M Ponzi Scheme In NJ Got Boost From Essex County Man, Feds Allege
Category: Ponzi Scheme
SYEMC awards $7,020 in grants to local teachers
June 11, 2022 When passing by Mount Airy High School along North South Street, one notices the walls, sidewalks and signage of a typical educational…
View More SYEMC awards $7,020 in grants to local teachers
Two Leaders of Real Estate Investment Firm Indicted for $650 Million Ponzi Scheme Conspiracy | USAO-NJ
NEWARK, N.J. – The president and a top officer of a real estate investment company were charged for their roles in a scheme to defraud…
View More Two Leaders of Real Estate Investment Firm Indicted for $650 Million Ponzi Scheme Conspiracy | USAO-NJ
Ohio Ponzi scheme victims can now apply for financial relief
COLUMBUS (WJW) — Victims of a former Westlake investment adviser’s $9.3 million dollar Ponzi scheme are now eligible to get some of their money back.…
View More Ohio Ponzi scheme victims can now apply for financial relief
Former MEP Nigel Farage dubs Bitcoin the ‘ultimate freedom’ as government can’t get near it
As the cryptocurrency sector expands, institutions and governments around the world become more polarized regarding its assets, including Bitcoin (BTC), with one former politician heavily…
View More Former MEP Nigel Farage dubs Bitcoin the ‘ultimate freedom’ as government can’t get near it
Is Social Security on the GOP’s ‘chopping block’ as Biden claims? Experts weigh in
Social Security — long referred to as the “third rail” of American politics — so charged as to be fatal if touched — is back…
View More Is Social Security on the GOP’s ‘chopping block’ as Biden claims? Experts weigh in
The problem with PE’s pyramid scheme comparisons
For anyone working in finance, having your industry compared to a Ponzi scheme is less than ideal, to say the least. Unfortunately, for the private…
View More The problem with PE’s pyramid scheme comparisons
SEC Moves Against $300 Million Crypto Ponzi Scheme | Patterson Belknap Webb & Tyler LLP
In March 2022, as it does every year, the Securities and Exchange Commission’s Division of Examinations (EXAMS) published its Examination Priorities, designed to highlight areas…
View More SEC Moves Against $300 Million Crypto Ponzi Scheme | Patterson Belknap Webb & Tyler LLP
Detroit man charged in $27M Ponzi scheme
DETROIT – Andrew Middlebrooks is charged with running a Ponzi scheme that eventually imploded, losing investors millions of dollars along the way. He promised huge…
View More Detroit man charged in $27M Ponzi scheme
Ohio Investor Recovery Fund signup
COLUMBUS (WJW ) — Victims of a former Westlake investment adviser’s $9.3 million dollar Ponzi scheme are now eligible to get some of their money…
View More Ohio Investor Recovery Fund signup