Category: Ponzi Scheme

The crypto market is witnessing a flurry of new entrants with the growing popularity of cryptocurrencies. Celebrity endorsement and social media influencers have made it…

View More Is HyperVerse (HVT) crypto a Ponzi scam?

Finding Section 12 of the Securities Act of 1933 contains “no free pass for online solicitations,” the U.S. Court of Appeals for the Eleventh Circuit…

View More Appellate Court: Alleged Online Ponzi Scheme Solicitation Is Grounds for Section 12 Claim Against Cryptocurrency Promoters

Netflix’s The Tinder Swindler exposes the Ponzi scheme Simon Leviev used to scam millions. Here’s how a Ponzi scheme works and the history behind it.…

View More What A Ponzi Scheme Is (History Explained)

Charles DeBono pleads guilty to fraud over $5,000 and laundering money; Hundreds of people bought in to the tune of $40 million to $48 million between…

View More Canadians lost millions of dollars in Barrie man’s ‘Ponzi scheme’

Charles DeBono pleads guilty to fraud over $5,000 and laundering money; Hundreds of people bought in to the tune of $40 million to $48 million between…

View More Canadians lost millions of dollars in Barrie man’s ‘Ponzi scheme,’ court hears

Ahmedabad: A resident of Maninagar on Wednesday filed a complaint with cybercrime police alleging that four men, including a Surat-based crypto firm owner, duped him…

View More Man Swindled In Crypto Ponzi Scheme | Ahmedabad News

Jayne’s lawyer Evan Borges tells Radar, “I’ve not seen the complaint, but it sounds like another misguided effort to blame Erika for the conduct of…

View More ‘RHOBH’ Star Erika Jayne Accused Of ‘Aiding And Abetting’ Tom Girardi’s Alleged Ponzi Scheme In Court

LOS ANGELES (WANE) — A Los Angeles man originally from Fort Wayne has been sentenced for operating what prosecutors called the biggest Ponzi scheme in…

View More Actor from Fort Wayne sentenced in $650 million Ponzi scheme

A Connecticut businessman has pleaded guilty to operating an unpatriotic Ponzi scheme that pocketed $900,000 from investors looking to buy a pro-veteran vodka company. Brian…

View More Connecticut man admits ripping off investors for $900,000 in patriotic vodka Ponzi scheme — he faces up to 20 years in prison