Category: Ponzi Scheme

While the Biden administration has used the general idea of “prosecutorial discretion” to allow millions of illegal aliens to cross our southern border with only…

View More The Extremes of ‘Prosecutorial Discretion’ in the Immigration Context

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll…

View More Lost money from $4.5 million crypto wallets exploit? Here’s what you should do

Deutsche Bank is being sued by victims of a $155m Ponzi scheme operated by a Miami-based RIA who claim the German group, which maintained accounts…

View More Deutsche Bank to go on trial over ties to $155m Miami Ponzi scheme

Gov. Ron DeSantis ousted Hillsborough State Attorney Andrew Warren in a shocking announcement Thursday morning. So who is the Tampa prosecutor who caught the governor’s…

View More DeSantis ousted Hillsborough State Attorney Andrew Warren. Who is he?

Even before the popular “play-to-earn” blockchain game Axie Infinity was hacked in March to the tune of $625 million, market observers described the game, which…

View More Prominent Venture Capitalists a16z And Others Invested $311M In Alleged Ponzi Scheme Axie Infinity

Zachary Joseph Horwitz, aka Zach Avery, came up with a Hollywood Ponzi scheme in 2014, scamming wealthy investors off millions of dollars. Although the figures…

View More 5 things to know about actor Zach Avery aka Zachary Joseph Horwitz

MIAMI — A Palm Beach County woman of Haitian descent fraudulently racked up more than $900,000 from 80 investors, most of them Haitians in South…

View More Feds charge PBC woman in $1M ponzi scheme targeting Haitians

Published: 8:08 AM August 4, 2022 An Ilford fraudster involved in a group that conned investors out of more than £13 million through a “sophisticated”…

View More Jailed: Ilford man helped scam £13m in Ponzi scheme

Forsage investors earned profits by recruiting others into the scheme, which used assets from new investors to pay earlier investors. Get access today Sign up…

View More US SEC Charges 11 Over Crypto Pyramid and Ponzi Scheme

For months customers questioned whether Eugene sneaker reseller Michael Malekzadeh scammed them, using their preorder money to support a lifestyle filled with sports cars and…

View More Shoe reseller charged in federal court for scheme to defraud customers