Category: Ponzi Scheme

By Brandon Lowrey (July 15, 2022, 4:26 PM EDT) — The State Bar of California wants copies of sealed records as part of a previously…

View More Calif. Bar Investigating Ex-Girardi Attys, New Filing Shows

Calif. Bar Investigating Ex-Girardi Attys, New Filing Shows  Law360 Read more…

View More Calif. Bar Investigating Ex-Girardi Attys, New Filing Shows – Law360

ODESSA, Texas (KOSA) – A Keller man who owned a Midland Oilfield company, was sentenced to 14 years in prison and must pay $14 million…

View More Midland business owner sentenced in a Ponzi Scheme

The US Attorney’s Office says Perez used the money to fund a lavish wedding and purchase luxury vehicles like a Lamborghini and a Rolls-Royce. MIDLAND,…

View More Director of Midland business ordered to pay $14M in restitution for Ponzi scheme

MIDLAND – A Keller man was sentenced yesterday to 168 months in prison and ordered to pay $14,538,967.27 in restitution for operating a Ponzi scheme.…

View More Keller Man Sentenced to 14 Years in Prison and Ordered to Pay $14M in Restitution for Ponzi Scheme | USAO-WDTX

The walls are closing in around one embattled crypto lending platform as a new lawsuit alleges it defrauded investors. Celsius Network, which filed for bankruptcy…

View More Class Action Lawsuit Accuses Troubled Crypto Exchange Celsius of Running Like a ‘Literal’ Ponzi Scheme

Posted on: July 15, 2022, 11:44h.  Last updated on: July 15, 2022, 02:06h. The trial kicked off this week of a so-called “lottery lawyer,” accused…

View More Lottery Lawyer Accused of Bilking America’s Biggest Jackpots Winners

In last week’s Cabinet News and Views, we examined the U.S. regulators’ approach to the digital asset space, with a focus on the assertion…

View More In Depth: Regulation And Enforcement Of The Digital Assets Markets, Part Two – Focus On Enforcement – Commodities/Derivatives/Stock Exchanges

Following its filing for bankruptcy just weeks after freezing customer withdrawals, troubled cryptocurrency lending firm Celsius Network LLC has been slapped with a proposed class…

View More Celsius ‘much like a literal Ponzi scheme’, class action suit alleges

A U.K. parliamentary committee has launched an inquiry into dangers associated with crypto assets as the government pushes to turn the country into a global…

View More UK Parliament Inquires Into Risks as Government Pursues Crypto-Agenda