Category: Ponzi Scheme

Cryptocurrency has only been around for a little more than a decade with the advent of Bitcoin in 2009. Since then, the range of options…

View More How to invest in cryptocurrencies according to the experts

Last November, the global cryptocurrency market was worth $3 trillion. Now, it’s below $1 trillion. Bitcoin alone has plummeted more than 70 percent since November…

View More Cryptocurrency Is a Ponzi Scheme. It’s Time to Regulate It

How did Jeffrey Epstein, the notorious child predator and sex trafficker, amass his vast wealth? Yes, the late money manager rubbed shoulders with everyone from…

View More Angels and Demons’ Exposes Les Wexner, the Mysterious Billionaire Behind Jeffrey Epstein

The Financial Conduct Authority has poached Legal & General Investment management’s global chief compliance officer for a new role overseeing the asset management sector. Camille…

View More FCA poaches LGIM compliance head to oversee asset managers

Attorneys at Troutman Pepper Hamilton Sanders on Friday removed a consumer class action against Ally Financial to Florida Southern District Court. The suit, over alleged…

View More Troutman Pepper Defending Ally Financial in South Florida Class Action

Bank of America was sued Friday in Florida Southern District Court in connection with services provided to the alleged perpetrator of an aircraft purchase Ponzi…

View More Genovese Joblove & Battista Suit Claims Ponzi Scheme Victims Relied on ‘Misleading’ Bank of America Letters

Major Developments Justice Department Announces Enforcement Action Charging Six Individuals with Cryptocurrency Fraud Offenses in Cases Involving Over $100 Million in Intended Losses July 1,…

View More Daily Financial Regulation Update — Saturday, July 2, 2022 | Paul Hastings LLP

An Israeli man accused of running a $150 million Ponzi scheme has recently been arrested in Bosnia, and the Jewish state intends to file a…

View More ‘Israeli Madoff’ arrested in Bosnia over $150m Ponzi scheme, Israel to ask for extradition

Bengaluru, July 5  The Anti-Corruption Bureau (ACB) in Karnataka has raided five locations of the Congress Member of Legislative Assembly (MLA), Zameer Ahmed Khan, in…

View More Karnataka anti-corruption unit raids Congress MLA Zameer Khan’s properties in Bengaluru

Samir Shah – who spent 12 years at JPMorgan as Global Head of Digital Solutions – announced his departure from the financial institution. His next career…

View More Former JPMorgan Executive Samir Shah Joins Pantera Capital as COO