Category: Ponzi Scheme

AevanStock / Shutterstock.com On Tuesday, the U.S. Securities and Exchange Commission charged a Shakopee couple with fraud for allegedly operating a long-running Ponzi scheme that…

View More SEC Charges Shakopee Couple in $17.6M Ponzi Scheme

As the political fight over who lost Afghanistan gets bloodier, the latest round has shifted from lamentation over the probable return of al Qaeda to…

View More The Afghanistan War and Bernie Madoff’s Ponzi Scheme Worked the Same Way

NASHVILLE –Katie Lynn Mancuso, 40, of Nashville, was charged today with bank fraud and wire fraud, resulting from a fraudulent scheme in which she received…

View More Owner Of Purported Sports Marketing Agency Facing Federal Charges In Ponzi Scheme | USAO-MDTN

Assistant U. S. Attorneys Daniel C. Silva, Mark W. Pletcher, Lisa Sanniti and Carl Brooker NEWS RELEASE SUMMARY—September 1, 2021 SAN DIEGO—Glenn Arcaro of Los…

View More Director and Promoter of BitConnect Pleads Guilty in Global $2 Billion Cryptocurrency Scheme | USAO-SDCA

The US Securities and Exchange Commission has moved to obtain temporary restraining order and asset freeze on an investment adviser and his associates from operating a…

View More US SEC charges investment adviser over $110m Ponzi scheme

SHREVEPORT, La. — A former Shreveport businessman who defrauded investors and financial institutions in a multimillion-dollar Ponzi scheme pleaded guilty Wednesday in federal court. He’ll…

View More Shreveport man admits to multimillion dollar Ponzi scheme, faces 15-year sentence | 3 Investigates

The founder of one of Russia’s largest cryptocurrency scams to date is behind bars, and his accomplices are being sought by Russian authorities. Moscow police…

View More $100M BTC Ponzi scheme Finiko founder arrested in Russia

POMPANO BEACH, FLA. (WSVN) – A South Florida woman faces a federal fraud investigation after she scammed thousands of people through a massive, multimillion-dollar Ponzi…

View More SEC: Woman ran Ponzi scheme in Pompano Beach, scammed thousands – WSVN 7News | Miami News, Weather, Sports

            WASHINGTON – Christopher A. Parris, 41, formerly of Rochester, New York, and currently of Lawrenceville, Georgia, pleaded guilty today…

View More Georgia Man Pleads Guilty to Charges Related to Ponzi and COVID-19 Fraud Schemes | USAO-DC

Ponzi schemes, named after the infamous swindler Charles Ponzi, have been around for more than a century. Yet, despite their age, these schemes show no…

View More Steering Clear of Ponzi Schemes