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Protestors Set Alleged Bitcoin Ponzi Scheme Perpetrator’s Home on Fire

Before shutting down, Bitcoin Wallets' "manager" promised 100-percent returns on investors' money in just two weeks. Then they burned down his house......»»

Category: forexSource: coindeskJul 11th, 2019

UK Woman Faces Death Threats After Speaking Out on Alleged Scam OneCoin

The British woman says she received death threats after speaking on a podcast about the alleged Ponzi scheme......»»

Category: forexSource: coindeskOct 16th, 2019

Businessman arrested in Pinellas County for alleged Ponzi scheme

Deputies have arrested a man accused of operating his Pinellas County business as a Ponzi scheme, costing his victims $1.5 million, according to a Fox 13 News report. The Pinellas County Sheriff's Office said a monthslong investigation revealed that .....»»

Category: topSource: bizjournalsSep 22nd, 2019

Crypto Ponzi Scheme Says It Has ‘No Cash to Pay out’ to Upset Investors

Hundreds of locals who used to eagerly gather outside the Bitcoin Wallet office in Ladysmith, South Africa are now mobbing the office to demand their money back......»»

Category: forexSource: coindeskJul 8th, 2019

CFTC Lawsuit Alleges $147 Million in Bitcoin Defrauded From Trading Scheme Investors

22,858.822 bitcoin were misappropriated under Control-Finance's Ponzi-like scheme......»»

Category: forexSource: coindeskJun 18th, 2019

SEC Sues Alleged $26 Million ‘Crypto’ Ponzi Scheme Operator

The SEC has accused Daniel Pacheco of running a $26 million Ponzi scheme disguised as a cryptocurrency......»»

Category: forexSource: coindeskMay 24th, 2019

CFTC charges forex fund with alleged $47 million Ponzi scheme

The Commodity Futures Trading Commission filed charges on Monday against Florida-based Oasis International Group, Limited, Oasis Management, LLC, Satellite Holdings Company, and principals Michael J. DaCorta, Joseph S. Anile, II, Raymond P. Montie, III, F.....»»

Category: topSource: marketwatchApr 22nd, 2019

Texas man pleads guilty to wire fraud conspiracy in $360 million Ponzi scheme

One of three defendants in an alleged $360 million Ponzi scheme that affected at least 400 people, mostly in Maryland, has reached a plea deal with federal prosecutors......»»

Category: topSource: washpostApr 3rd, 2019

N.C. regulators crack down on cryptocurrency trader"s possible Ponzi scheme

North Carolina regulators have slapped a foreign tech firm with a permanent cease-and-desist order, accusing it of offering unregistered securities to children and young people through a Bitcoin investment package they’ve characterized as a possible .....»»

Category: topSource: bizjournalsApr 24th, 2018

Amit Bhardwaj: The mastermind behind Bitcoin Ponzi scheme

Several investors were lured to his Ponzi schemes, which promised handsome returns.....»»

Category: topSource: business-standardApr 6th, 2018

SEC charges 3 South Floridians with selling securities linked to alleged Ponzi scheme

The Ponzi scheme allegedly defrauded investors out of $1.2 billion......»»

Category: topSource: bizjournalsAug 20th, 2018

The Wall Street Journal: SEC sues Woodbridge Group outside sales agents over alleged Ponzi scheme

Five top sellers of Woodbridge Group of Cos. securities were sued by the U.S. Securities and Exchange Commission on Monday, accused of making unlawful profits from an alleged Ponzi scheme......»»

Category: topSource: marketwatchAug 20th, 2018

Police Nab Alleged Boss Behind Bitcoin Pyramid Scheme Bitconnect

The alleged Bitconnect kingpin was arrested at Delhi airport. Police arrested Divyesh Darji, an alleged leader of BitConnect--.....»»

Category: europeSource: fortuneAug 20th, 2018

A Bugatti Veyron, a Gulfstream private jet, and a $330,000 diamond ring: Feds charge 3 men for alleged $364 million Ponzi scheme to fund lavish lifestyle

Federal prosecutors have charged three men in connection with an alleged $364 million Ponzi scheme that could have more.....»»

Category: topSource: businessinsiderSep 20th, 2018

Judge Orders Trading Firm, CEO to Pay $2.5 Million in Bitcoin Ponzi Case

The CFTC has won a legal battle against a New York resident and his company for running a Ponzi scheme centered around bitcoin......»»

Category: forexSource: coindeskOct 18th, 2018

Bitcoin Scammer Hit With $2.5 Million Fine for Ponzi Scheme that Promised Outrageous Returns

The defendant admitted to taking $600,000 from at least 80 investors. Nicholas Gelfman claimed to have a high-frequency trading computer program that could mine profits from Bitcoin, sayi.....»»

Category: europeSource: fortuneOct 19th, 2018

Be careful. That multilevel marketing side hustle could be an illegal pyramid scheme.

Multilevel marketer AdvoCare settles with the FTC for $150 million over an alleged illegal pyramid scheme......»»

Category: topSource: washpostOct 17th, 2019

CFTC Takes Action Against Crypto Options ‘Ponzi Scheme’

Purported crypto and forex investment firm Circle Society is accused by the CFTC of operating like a Ponzi scheme......»»

Category: forexSource: coindeskOct 17th, 2019

SEC freezes assets of 18 traders over alleged manipulation

U.S. authorities said on Wednesday it has obtained an asset freeze against 18 traders, who are primarily China-based, over an international market manipulation scheme that has reaped more than $31 million in illicit profits over several years......»»

Category: topSource: reutersOct 16th, 2019

U.S. SEC freezes assets of 18 traders over alleged manipulation

The U.S. Securities and Exchange Commission said on Wednesday it has obtained an asset freeze against 18 traders over a market-manipulation scheme through which they reaped over $31 million in illicit profits......»»

Category: topSource: reutersOct 16th, 2019

Fourth Giuliani Associate Arrested In Alleged Marijuana Lobbying Scheme

Fourth Giuliani Associate Arrested In Alleged Marijuana Lobbying Scheme A Florida associate of Trump attorney Rudy Giuliani was arrested at JFK Airport Wednesday morning afte.....»»

Category: blogSource: zerohedgeOct 16th, 2019