Category: Ponzi Scheme

Here are three of the week’s top pieces of financial insight, gathered from around the web: A scam turns into a shoot-out The FBI is…

View More A scam turns into a shoot-out

Photo Illustration by Luis G. Rendon/The Daily Beast/George Santos/SEC A young, gay Republican born in New York City to Brazilian immigrants, congressional candidate George Devolder-Santos…

View More MAGA House Candidate Haunted by Gig at Reputed Ponzi Scheme

A young, gay Republican born in New York City to Brazilian immigrants, congressional candidate George Devolder-Santos has embraced a public image as a “walking, living,…

View More George Devolder-Santos, MAGA House Candidate in New York, Haunted by Gig at Alleged Ponzi Scheme

OAKLAND, Calif.–(BUSINESS WIRE)–Gibbs Law Group and Silver Law Group have filed a class action lawsuit in federal court in Nevada on behalf of investors defrauded…

View More First Federal Class Action Lawsuit Filed on Behalf of Investors Harmed by Matthew Beasley and Jeffrey Judd’s Alleged Ponzi Scheme

SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced today that John Law, age 43, of Rochester, New York, was…

View More Rochester Man Sentenced To 10 Years’ Imprisonment In Multi-Million Dollar Nationwide Ponzi Scheme | USAO-MDPA

MONROE COUNTY, Pa. — A man will spend a decade in prison for his role in a multi-million-dollar Ponzi scheme. The feds say John Law…

View More Man sentenced to prison in Ponzi scheme

Of 200 million dollars invested, Charles Ponzi fell 120 million dollars short while repaying the investors. It was a huge lesson for the investors. But…

View More How to flag and prevent a Ponzi scheme?

Dear Penny, How does one recover from investing in a Ponzi scheme? I am feeling very stupid and embarrassed. The SEC will take two to…

View More How can I recover after losing big money to a ponzi scheme?

West Australians scammed $140000 in elaborate job seeker Ponzi scheme  The West Australian Read more…

View More West Australians scammed $140000 in elaborate job seeker Ponzi scheme – The West Australian

What Netflix’s QuadrigaCX Documentary Gets Right – and Wrong – About One of Crypto’s Worst Scandals  CoinDesk Read more…

View More What Netflix’s QuadrigaCX Documentary Gets Right – and Wrong – About One of Crypto’s Worst Scandals – CoinDesk