Category: Ponzi Scheme

The Daily Hit is a recap of cannabis business news for August 18, 2022. ON THE SITE Ayr Wellness Raises Guidance Despite Headwinds Ayr Wellness…

View More The Daily Hit: August 18, 2022

By Dorothy Atkins (August 18, 2022, 6:10 PM EDT) — A Georgia federal judge dismissed Wednesday a proposed class action alleging Oppenheimer & Co. and…

View More Oppenheimer Escapes $110M Ponzi Scheme Suit, For Now

The ringleader of a $300 million Ponzi scheme that targeted veterans and the elderly pleaded guilty and was sentenced Thursday to 10 years in prison.…

View More Ponzi scheme leader who preyed on vets sentenced to 10 years

The mastermind behind a $300 million Ponzi scheme has been sentenced to 10 years in prison for his role in exploiting military veterans in desperate financial…

View More Ponzi scheme leader sentenced to 10 years after veterans lost millions

The mastermind behind a $300 million Ponzi scheme has been sentenced to 10 years in prison for his role in exploiting military veterans in desperate financial…

View More Mastermind of $300 million Ponzi scheme targeting veterans sentenced to 10 years

Judge Bruce Hendricks of the U.S. District Court for the District of South Carolina sentenced a California man today to 10 years in prison for…

View More California Man Receives 10 Year Sentence Following Guilty Plea in South Carolina to Fraud Conspiracy | OPA

In less than eight months, Charles Ponzi managed to swindle $15 million from investors. Charles Ponzi’s mugshot, c 1920s. By unnamed US government employee. Public…

View More The Man Who Had a Scheme Named After Him | by Ida Larsdotter | Aug, 2022

Earlier this year, a Chinese VFX and animation studio revealed that it had been victimized by two American swindlers who had used the company’s name…

View More Base Alleges Two American Swindlers Continue to Defraud Investors

Like the plot of an improbable fintech thriller, cannabis e-investment conglomerate JuicyFields has imploded into an apparent Ponzi scheme of massive proportions, leaving tens of…

View More JuicyFields Ponzi Scheme Highlights Many Points of Failure

BitConnect founder seems to be in trouble. Indian authorities are currently looking into Satish Kumbhani, the creator of the bitcoin investment website BitConnect, for the…

View More BitConnect Founder Under Investigation By Indian Police Following Indictment In The US