Category: Ponzi Scheme

The director of property investment firm, Kingsman Property, has been disqualified for 11 years after scamming investors out of £6.7m. Sam Eustace, from…

View More Property investment director disqualified over £6.7m HMO scam

The native token of the Waves WAVES/USD blockchain project fell by more than 23% on Tuesday. What Happened: According to data from Benzinga Pro, WAVES fell…

View More ‘Russian Ethereum’ Crashes 23% Over Ponzi Scheme Allegations

This post deals with suicide and might be triggering for some readers.  Last night on Underbelly: Vanishing Act we saw a woman run away from…

View More Melissa Caddick’s Underbelly: Was it too soon?

Waves, a Layer 1 blockchain known as ‘Russia’s Ethereum’, has suffered a reversal of fortune as accusations of Ponzi schemes and market manipulation fly in…

View More Waves’ USDN Stablecoin Loses Peg as Accusations of Ponzi Schemes Fly

One of the investors in the crashed Ponzi scheme, Chinmark Group, identified simply as Nuella has died days after she reportedly attempted suicide. The PUNCH…

View More Chinmark Ponzi scheme investor dies days after attempted suicide

Two former investment executives arrested in Japan were sentenced Tuesday to five years in a U.S. prison for their roles in what federal authorities called…

View More Father-son duo get prison for Ponzi scheme involving Las Vegas company

A Rochester, N.Y., man was sentenced to more than 10 years in prison after previously pleading guilty for helping run a $115 million Ponzi scheme,…

View More DOJ: Rochester Man Sentenced for Role in $115 Million Ponzi Scheme

Cyber-Forensics.net Cyber Forensic Specialist Online scammers are believed to have stolen $120 million already from Kenyan investors since the bitstream circle scam appeared in the…

View More Bitstream circle- a cryptocurrency Ponzi scheme robbed Kenyans of millions: Cyber-Forensics.net alerts potential targets

Graduating from college football to the NFL is a challenging transition for many athletes. We’ve heard several cautionary tales from former players about negative experiences…

View More Former NFL Star Fred Taylor Details How He Nearly Got Scammed Out of $3 Million as a Rookie