Category: Ponzi Scheme

It’s laudable the FT has found someone credible to speak against bitcoin (“Why bitcoin is worse than a Madoff-style Ponzi scheme”, FT Alphaville, FT.com December…

View More Letter: The world of cryptocurrency is confusing, but don’t dismiss it

Johann Steynberg, CEO of Mirror Trading International (MTI), a South African-based trading platform, was caught in Brazil for being linked to a Ponzi scheme using…

View More Ponzi scheme leader with bitcoin arrested in Brazil – CVBJ

Stanford was once considered one of the richest men in the US, with an estimated net worth of more than £1.3 billion The final instalment…

View More Allen Stanford: The Man Who Bought Cricket documentary on Sky, what is a Ponzi scheme – and where is he now?

Bitcoin Attacks The Ultimate Ponzi Scheme Who Is Running The Ultimate Ponzi Scheme, And How Do We Stop It? The Ponzi scheme is a simple…

View More Bitcoin Attack Ultimate Ponzi Scheme

Pakistan’s Federal Investigation Agency’s (FIA) Cyber Crime Wing has issued a notice to crypto exchange Binance while investigating a scam, local media reported. Notably, the…

View More Pakistan: Binance gets pulled up by the regulators as Ponzi mobile apps surface

Johann Steynberg, the wanted CEO of Mirror Trading International was recently arrested by Brazilian law enforcement after he was caught using a fake document. The…

View More CEO of Mirror Trading International Bitcoin Ponzi Scheme Arrested in Brazil – Regulation Bitcoin News

Billionaire’s looted art still on display at Israel Museum  Arab News Read more…

View More Billionaire's looted art still on display at Israel Museum – Arab News

DUBAI: Employees and schoolchildren juggled work and studies with weekly Muslim prayers on the first ever working Friday in the United Arab Emirates as the…

View More Live deer found in car’s hatchback during traffic stop

What You Need to Know The ex-advisor pleaded guilty to one count of conspiracy to commit mail and wire fraud, two counts of mail fraud…

View More Ex-Advisor Pleads Guilty to Role in $9.3M Ponzi Scheme

John Piccarreto, Jr., of Rochester, NY, was convicted of conspiracy to commit mail fraud and filing a false tax return, and has been sentenced to…

View More Sentence for New York Man: 7 Years in Prison, $19 Million Restitution for Ponzi Scheme