I have elegant friends who consume Oscar movies as if defending a master’s thesis. One such pal recently turned down a lunch invitation because she…
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Category: Ponzi Scheme
Investing in the age of uncertainty
Dro Kholamian sentenced to 2 years in prison for $995k Forex fraud
Following a guilty plea to one count of wire fraud, Kholamian was sentenced to 48 months in prison and ordered to pay $755,000 in restitution. …
View More Dro Kholamian sentenced to 2 years in prison for $995k Forex fraud
The Scope of a bank’s Quincecare duty to protect an insolvent customer from its own fraudulent controller: Does it extend to protect the customer’s creditors?
Stanford International Bank Ltd (in liquidation) v HSBC Bank PLC [2021] EWCA Civ 535 Stanford International Bank Limited (“SIB”), which collapsed into liquidation in 2009,…
View More The Scope of a bank’s Quincecare duty to protect an insolvent customer from its own fraudulent controller: Does it extend to protect the customer’s creditors?Top Russian Pol Suggests Bitcoin For Gas
In other circumstances, you’d have to wonder if Pavel Zavalny, head of the Russian State Duma’s Committee on Energy, was trolling European Central Bank President…
View More Top Russian Pol Suggests Bitcoin For Gas2 Charged Over Frosties NFT Scheme
Two defendants have been charged with conspiracy to commit wire fraud and conspiracy to commit money laundering in connection to a non-fungible token (NFT) scheme,…
View More 2 Charged Over Frosties NFT Scheme
Mortgage Rates Are Rising Much Faster than Treasury Yields. What’s the Deal?
Is this spread heading to what happened in the 1970s and 1980s when the Fed battled blow-out inflation? By Wolf Richter for WOLF STREET. The average 30-year fixed…
View More Mortgage Rates Are Rising Much Faster than Treasury Yields. What’s the Deal?
Crypto Pyramid Busted in Russia, Losses Exceed $10 Million – Bitcoin News
Russian law enforcement agencies have gone after the organizers of a large crypto pyramid which has been promising extraordinarily high returns. The Ponzi scheme is…
View More Crypto Pyramid Busted in Russia, Losses Exceed $10 Million – Bitcoin News
Florida Finance Pro Cops To Ecuador Insurance Bribe Scheme
By Pete Brush (March 24, 2022, 4:59 PM EDT) — A Miami businessman told a Brooklyn federal judge Thursday that he facilitated bribe payments to…
View More Florida Finance Pro Cops To Ecuador Insurance Bribe SchemeSulky Sunak is as thin-skinned as any other politician with eye on top job | John Crace
It normally takes at least a couple of days for a budget to unravel. But the chancellor’s spring statement had landed dead on arrival with…
View More Sulky Sunak is as thin-skinned as any other politician with eye on top job | John Crace