Category: Ponzi Scheme

What You Need to Know A FINRA arb panel granted a $36.7 million award to a group of investors who said they were bilked in…

View More Oppenheimer Fights $37M Arb Ruling Tied to Ponzi Scheme

The Vermont Department of Financial Regulation has outlined a variety of state concerns about unregistered securities offerings and fraud committed by the cryptocurrency firm Celsius…

View More Celsius ($CEL) – Celsius Network Is A Ponzi Scheme, Suggests Vermont Regulator; Slams CEO For ‘False’ Statements

FINRA arbitrators demanded this week that Oppenheimer & Co. pay more than $35 million in awards to a number of investors allegedly victimized by a…

View More FINRA Arbitrators Demand Oppenheimer & Co. Pay $35M+ Award

A South Florida woman known as “Mother Theresa” in her community has been accused of running her business as a lucrative Ponzi scheme that scammed…

View More Florida’s ‘Mother Teresa’ Johanna Garcia accused of Ponzi scheme

A filing made this morning in the United States Bankruptcy Court of the Southern District of New York in the case of Celsius Network is…

View More Celsius Network: Vermont Regulator Suggests That The Crypto Firm Is A Ponzi Scheme In New Filing

“During the course of the multistate investigation, it has become clear that Celsius, through its CEO Alex Mashinsky and otherwise, made false and misleading claims…

View More Crypto Lender Celsius Resembled Ponzi Scheme at Times, Vermont Regulator Says

FCA & Ombudsman issue fresh scam warnings as cost-of-living crisis exploited by fraudsters  IFA Magazine Read more…

View More FCA & Ombudsman issue fresh scam warnings as cost-of-living crisis exploited by fraudsters – IFA Magazine

The Chief Executive Officer of SFS Capital Limited, a leading investment management firm in Nigeria, Mr. Patrick Ilodianya, in this exclusive interview with Nairametrics speaks…

View More Nigerians are risk takers by nature, that’s why they fall for Ponzi schemes – Patrick Ilodianya, CEO SFS Capital

The Chief Executive Officer of SFS Capital Limited, a leading investment management firm in Nigeria, Mr. Patrick Ilodianya, in this exclusive interview with Nairametrics speaks…

View More Nigerians are gamblers by nature, that’s why they fall for Ponzi schemes – Patrick Ilodianya, CEO SFS Capital

She said she worked miracles — not for charity, but for profit: Johanna M. Garcia connected investors with companies that needed short-term financing, promising robust…

View More A Florida woman touted as a ‘Mother Teresa’ ran a $196 million Ponzi scheme, feds say