Category: Ponzi Scheme

The DSI explained that the scheme used current members to lure new victims with promises of high returns to both new investors and current members.…

View More Promises of super high returns lured over 9,800 victims to Ponzi scheme

A year after a Georgia man with broad holdings in the Chattanooga area was accused of running a massive Ponzi scheme, investors who were allegedly…

View More Investors in former Chattanooga Lookouts investor’s alleged Ponzi scheme may learn how to get money back

After reports that merchants and holders of “Zugacoin” cryptocurrency are unable to make withdrawals, the founder of the Nigerian crypto, Sam Zuga responded by accusing…

View More Supposed Poverty Eradicating Cryptocurrency Criticized as Just Another Complex Nigerian Ponzi Scheme – Featured Bitcoin News

The Chinese scam gangs of Cambodia forcing desperate young Asians into crime  South China Morning Post Read more…

View More The Chinese scam gangs of Cambodia forcing desperate young Asians into crime – South China Morning Post

Steven Hoffenberg, a financial swindler who was behind one of the largest Ponzi schemes in U.S. history, defrauding investors of more than $450 million, was…

View More Steven Hoffenberg, Ponzi swindler and Jeffrey Epstein mentor, dies at 77

NEW YORK, Aug. 26, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against…

View More Bragar Eagel & Squire, P.C. Is Investigating Fulgent,

By NPR News August 26, 2022 National, News from NPR Steven Hoffenberg is believed to have died at least seven days…

View More Jeffrey Epstein’s mentor — who once ran a Ponzi scheme — was found dead. He was 77 – Nation & World News

HARTFORD, Conn. — Medical examiners confirmed Friday that convicted Ponzi schemer and Jeffrey Epstein mentor Steven Hoffenberg was the person found dead in a Connecticut…

View More Jeffrey Epstein’s mentor — who once ran a Ponzi scheme — was found dead. He was 77

A federal jury convicted a woman and man today of wire fraud and conspiracy to commit money laundering relating to a scheme that fraudulently raised…

View More Two Individuals Convicted of Conspiracy and Fraud in Cattle Ponzi Scheme | OPA

A body found in a Connecticut home during a welfare check has positively been identified as Steven Hoffenberg, a longtime mentor of Jeffrey Epstein. Hoffenberg, the…

View More Decomposed Body Found In Connecticut Home ID’d As Ponzi Swindler, Jeffrey Epstein Mentor