Category: Ponzi Scheme

Terraform Labs, the digital-asset firm of hunted entrepreneur Do Kwon, rejected South Korean charges over a $60 billion cryptocurrency collapse and said the case against…

View More Do Kwon’s Terra says crypto case unfair and ‘highly politicized’

Following is a summary of current US domestic news briefs. Opioid crisis cost U.S. nearly $1.5 trillion in 2020 -congressional report Fueled by the…

View More Reuters US Domestic News Summary

Another six suspects will be summoned by the Department of Special Investigation (DSI) to face charges in connection with the Forex-3D Ponzi scheme case, DSI…

View More 6 more set to face Forex-3D charges

Wednesday, September 28, 2022 GoLocalProv News Team   View Larger + A Rhode Island man who conducted a decade-long Ponzi scheme that left some investors…

View More RI Man Who Ran Ponzi Scheme for 10 Years and Spent Millions on “Lavish” Lifestyle Convicted

The U.S. Attorney’s Office for the Southern District of Florida charged a Miami-Dade resident who allegedly raised several million dollars from more than 280 investors by…

View More Woman Duped Investors Who Thought They Were Funding Personal Injury Settlements

The State Bar wants the witness to be ordered to appear before the court to explain why they have not attended or testified. Currently, the…

View More Investigation Into Erika Jayne’s Husband Heats Up, Witness Blows Off Subpoena

For the past 25 years, and especially since the financial crisis, the global economy has taken a disastrous wrong turn for which we are about…

View More Liz Truss must hold her nerve as the world tips into a calamitous recession

By Brian Dowling (September 28, 2022, 3:12 PM EDT) — A Boston-area real estate broker was sentenced to 2½ years in prison Wednesday for running a…

View More Mass. Real Estate Broker Gets 30 Mos. For Ponzi-Like Scheme

Alex Mashinsky, CEO and founder of bankrupt crypto lending firm Celsius, and Brett Harrison, president of FTX US, both resigned from their respective posts Tuesday.…

View More Celsius CEO, FTX US president resign

Victims of Bernard Madoff’s massive Ponzi scheme will soon get another $372 million https://t.co/3ir2vf0Ic5— Bloomberg (@business) September 28, 2022 (SocialLY brings you all the latest…

View More Victims of Bernard Madoff’s Massive Ponzi Scheme Will Soon Get Another $372 Million – Latest Tweet by Bloomberg