Category: Ponzi Scheme

Posted on: July 27, 2022, 09:52h.  Last updated on: July 27, 2022, 10:23h. A so-called “lottery lawyer” who represented some of America’s biggest jackpot winners…

View More ‘Lottery Lawyer’ Jay Kurland Convicted of Defrauding Big Jackpot Winners

A woman who lost her late father’s life savings after investing in Bulgarian ‘Cryptoqueen’s’ OneCoin pyramid scheme has recalled the ‘devastating’ moment she realised her and…

View More Woman who lost late father’s life savings after investing in ‘Cryptoqueen’s’ OneCoin pyramid scheme

Nicholas Weaver calls Ethereum a “self-assembled Ponzi scheme.” “From a processing viewpoint, Ethereum’s process power is 1/5000th a little Raspberry Pi compute module,” says the…

View More ‘Ethereum a Self-Assembled Ponzi Scheme,’ Says Berkeley Researcher

For nearly a decade, the Atlanta Penitentiary was a hotbed of corruption, misconduct, and dysfunction where rats and roaches roamed, drugs and cell phones flowed…

View More Testimony alleges corruption and disfunction at Atlanta Penitentiary

Disgraced Wonderland founder Daniele Sestagalli announced his return to DeFi in quite a controversial way: “I am back. And I don’t f****ng care if you…

View More Wonderland Founder Daniele Sestagalli Curses His Way Back Into DeFi

In a big development, the Central Bureau of Investigation (CBI) on Tuesday filed a case against the former Rajya Sabha Trinamool Congress (TMC) MP, his son,…

View More CBI files case against ex-Rajya Sabha TMC MP for cheating investors through ponzi scheme

A company that claimed to sell investors gold and silver bullion was operated as “a Ponzi-scheme,” and defrauded its customers, the High Court has heard.…

View More Liquidator alleges a ponzi scheme was operated by Irish Gold and Silver Bullion Ltd for years – The Irish Times

It should not be so hard to get document retention right. Governments and companies have long known they must capture and keep important communications not…

View More Memo to Wall Street: don’t touch that delete button!

In recent years, thousands of Nigerians have fallen prey to the devious antics of money-doubling platforms, popularly known as Ponzi schemes. DEBORAH DAN-AWOH looks at…

View More How economic hardship pushes Nigerians into Ponzi schemes

Good morning. Here’s what’s happening: Prices: Bitcoin suffers through another day of declines; ether falls. Insights: Binance merits some criticism, but it’s not a Ponzi…

View More Binance Deserves Some Criticisms, but It’s Not a ‘Ponzi Scheme’; Bitcoin Tumbles