Category: Ponzi Scheme

A former Englewood resident was sentenced to nearly two-and-a-half years in federal prison on Thursday after he pleaded guilty to running a $1.52 million Ponzi…

View More Ex-Englewood NJ man gets 2.5 years for million-dollar 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