Category: Ponzi Scheme

The Reserve Bank of India’s deputy governor, T Rabi Sankar, has called for a ban on cryptocurrencies in India, saying that they are similar to…

View More Cryptocurrency is like Ponzi scheme, says RBI deputy governor urging for ban

The Department of Justice said in a news release that Horowitz “raised at least $650 million with bogus claims that investor money would be used…

View More Zachary Horwitz sentenced to 20 years for multimillion-dollar Ponzi scheme

          LOS ANGELES – A Los Angeles man was sentenced today to 240 months in federal prison for operating a Ponzi scheme that raised at…

View More L.A. Man Sentenced to 20 Years in Federal Prison for $650 Million Ponzi Scheme that Falsely Claimed to License Foreign Film Rights | USAO-CDCA

A Dallas police officer, a reserve officer and a civilian employee with the department have been indicted on charges of promoting a pyramid promotional scheme,…

View More Dallas police officer, 2 other department employees indicted in alleged pyramid scheme

Business 14 Feb, 2022 10:19 PM2 minutes to read The death of Masatomo Ashikaga, aka Tom Tanaka, in 2019 led to investigations into the East…

View More Former East Wind manager facing SFO charges over alleged Ponzi scheme loses name suppression

Last night, the Los Angeles Rams beat the Cincinnati Bengals to become Super Bowl LVI Champions. Off the field, many crypto companies—Coinbase, FTX and Crypto.com…

View More Crypto Twitter Reacts to FTX, Coinbase and Other Bitcoin Ads at the Super Bowl

Today the Securities and Exchange Commission (SEC) announced it had charged BlockFi Lending with securities breaches relating to its cryptocurrency lending activities. The startup agreed to pay a penalty…

View More Crypto lender BlockFi to pay $100m in penalties, plans regulated security – Ledger Insights

LOS ANGELES (CNS) – A Los Angeles actor who appeared in low-budget horror and science-fiction movies — but portrayed himself in real life as a…

View More Sentencing Due for Actor Who Ran Hollywood Ponzi Scheme

Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar on Monday called for an outright ban on cryptocurrencies in the country. There are strong…

View More Banning crypto the most advisable choice open to India: RBI Deputy Governor

BEIRUT (AP) — From his small music shop on Beirut’s Hamra Street, Michel Eid witnessed the rise and fall of Lebanon through the changing fortunes…

View More Once Lebanon’s center of glamour, Hamra Street goes dark