Category: Ponzi Scheme

The CFTC has charged four individuals it claims were involved in operating a ponzi scheme that swindled $44 million of bitcoin from investors Regulators should…

View More CFTC Charges 4 in Crypto Ponzi Scheme Amid Jurisdiction Battle

Utah’s Most Accurate Forecast with Meteorologist … 2 hours ago Mountain Lion 4 hours ago GMU 630 Drill Rig falls on cars 6 hours ago RSL…

View More Lawyer shot by FBI allegedly headed $300M Ponzi scheme, bilking Utah investors, more

Raymond A. Erker of Avon was found guilty of defrauding investors following a seven-day trial before U.S. District Judge Dan Polster in Cleveland, acting U.S.…

View More Avon man convicted of stealing more than $9.3M in Ponzi scheme – News-Herald

A former business partner of Akon argues in recently filed court documents that the “Lonely” artist’s Senegal city plans can be likened to a Ponzi scheme. Per…

View More Akon’s Rep Responds to Ex-Business Partner’s Senegal Ponzi Scheme Claims

An Ohio investment advisor was convicted for stealing more than $9.3 million from victims during the course of a multiyear Ponzi scheme, according to the…

View More Ohio Former Advisor Convicted For Role in $9.3M Ponzi Scheme

Akon has been accused of planning to use the city he’s building in Senegal as a “Ponzi scheme,” according to legal documents filed by the…

View More Akon Accused Of Planning To Run Akon City As A “Ponzi Scheme” – VIBE.com

SALT LAKE CITY (KSL.com) — The man behind one of Utah’s largest-ever Ponzi schemes, which netted over $200 million from victims, now knows his sentence.…

View More Utahn behind $200M Ponzi scheme sentenced to 19 years in prison

Here are your morning headlines for Thursday, March 10: Dems fail to block military ballot deadline change Kent, UA students rally against ‘divisive concepts’ bill…

View More Morning Headlines: Dems fail to block military ballot deadline change; Kent, UA students rally against ‘divisive concepts’ bill

CFTC Commissioner Dawn Stump issued a separate statement just to clarify that the CFTC regulates cash or “spot” transactions in Bitcoin or other digital assets.…

View More CFTC charges three for $44m Bitcoin Ponzi scheme

How many times have we found ourselves wound up with the wrong person or accepting financial advice from someone unknown to us? How many times…

View More Common investment frauds and how to avoid them