Category: Ponzi Scheme

Fall is here, stagflation is in the air, and Bloomberg terminals are aflutter with news of a great “reckoning” for private equity, triggered by Federal…

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The four arrested had allegedly associated with the ponzi scheme (Representational) (Eds: Recasting overnight story) Kolkata: The Central Bureau of Investigation (CBI) has arrested a…

View More 4 Arrested From Kolkata By CBI In Rs 565-Crore Chit Fund Case

PROVIDENCE, R.I. (WPRI) — A West Warwick man pleaded guilty Wednesday to defrauding investors out of millions of dollars, according to U.S. Attorney Zachary Cunha.…

View More West Warwick man pleads guilty to decade-long Ponzi scheme

Alex Mashinsky, the chief executive officer of cryptocurrency lender Celsius Network LLC which has filed for bankruptcy, has resigned from his position, according to a…

View More Alex Mashinsky steps down as Celsius CEO

The CBI on Tuesday said it has arrested a former deputy registrar of companies in Kolkata and three others in a chit fund case. Among…

View More CBI Arrests 4 People From Kolkata In Rs 565 Crore Chit Fund Case

MIAMI — South Florida federal prosecutors have charged Judith Dianne Paris-Pinder, 49, with defrauding people out of millions by lying about the nature of proposed…

View More Miami Resident Charged with Running $4.6 Million Ponzi Scheme, Spending Investor Money on Wedding and Vacations | USAO-SDFL

The 4 arrested had allegedly associated with the ponzi scheme, the probe agency said. (Representational) Kolkata:  The CBI on Tuesday said it has arrested a…

View More Probe Agency CBI Arrests 4 From Kolkata In Rs 565 Crore Chit Fund Case

Ben Stiller is known chiefly for his comedic movies and romantic comedies, but throughout his career, he has either created or been involved in various…

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Melissa Caddick’s husband has detailed the moment he fell in love with the future-fraudster, despite her being married to another man at the time. Ms…

View More Husband reveals moment he and missing fraudster Melissa Caddick “fell in love”

Pattanaphong Khuankaew / Getty Images/iStockphoto A Ponzi scheme is a form of investment fraud in which current investors are paid from the assets that are…

View More What Is a Ponzi Scheme?