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 itCategory: Ponzi Scheme
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 inThe 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 comparisonsSEC 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 LLPDetroit 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 schemeOhio 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 signupWeston couple ran ‘elaborate’ $6.4M Ponzi scheme
WESTON, Fla. – Federal prosecutors have charged a Weston couple with conspiring to commit wire fraud after authorities accused them of funneling more than $6…
View More Weston couple ran ‘elaborate’ $6.4M Ponzi schemeBroward County Couple Charged in Alleged Ponzi Scheme | USAO-SDFL
MIAMI – David Joseph Varrone, 56, and wife Sherry Varrone of Weston, Fla., have been charged in federal court with conspiring to commit wire fraud…
View More Broward County Couple Charged in Alleged Ponzi Scheme | USAO-SDFLEx-RIA Comptroller in Father-Daughter Ponzi Scheme Gets 6-Year Sentence
SAI is the introducing broker for Securities America advisory clients and both have been owned by Advisor Group since the merger of Advisor Group and…
View More Ex-RIA Comptroller in Father-Daughter Ponzi Scheme Gets 6-Year Sentence‘Ponzi Schemer’ Michael Atkins arrested in U.S. eight years after fleeing Singapore, faces extradition
Eight years after fleeing Singapore while on police bail on suspicion of swindling 285 investors out of US$4 million in a Ponzi scheme through his…
View More ‘Ponzi Schemer’ Michael Atkins arrested in U.S. eight years after fleeing Singapore, faces extradition