You Searched For "Ponzi scam" and got 20 results
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1 min read
The FBI is offering a $100,000 reward for missing Bulgarian 'Cryptoqueen' and has added her to its top 10 most-wanted list
Ruja Ignatova is wanted in connection with OneCoin, an alleged $4 billion cryptocurrency Ponzi sche…
Isobel Asher Hamilton
1 min read
The CFTC just charged a bitcoin firm with operating the 'largest ever fraud' involving the cryptocurrency
Mirror Trading International offered investors returns as high as 10% a month through a trading "bo…
Jennifer Sor
1 min read
'Dr Doom' Nouriel Roubini says 'literally 90% of crypto is a scam' and Sam Bankman-Fried and FTX are not outliers in the market
"Literally 90% of crypto is a scam. A criminal activity. A total real-bubble Ponzi scheme that is g…
Morgan Chittum
2 mins read
A couple accused of scamming Warren Buffett pleaded guilty to money laundering as part of a $1 billion Ponzi scheme
Jeff and Paulette Carpoff siphoned at least $140 million in investor money, splurging it on dozens …
Theron Mohamed
3 mins read
WazirX receives 1023 requests for data from law enforcement in October-March 2022
WazirX receives almost three times more requests for data from law enforcement in October-March 202…
3 mins read
Anna Sorokin says Sam Bankman-Fried's media apology tour is a scam: 'He's just trying to save himself'
Convicted scammer Anna Sorokin — AKA Anna Delvey — thinks the FTX founder is just trying to lay the…
Jacob Shamsian
4 mins read
E-sports group FaZe Clan is distancing itself from gamers accused of running a ‘pump and dump’ crypto scam
This means that these influencers ‘pumped up’ the price of an altcoin, also called ‘meme coins’ …
3 mins read
US regulator SEC sues five Bitconnect promoters in a $2 billion crypto trading Ponzi scheme
After three years of investigations, the US Securities and Exchange Commission (SEC) has sued fi…
1 min read
South African regulator says it's powerless over suspected $3.6 billion bitcoin scam, as crypto is out of its reach
South Africa's financial services watchdog said Africrypt, the company linked to the missing bitcoi…
Harry Robertson
3 mins read
Three promoters of Agri Gold Group arrested for Ponzi Scheme Fraud Case worth ₹6,380
The ED had filed a case on the basis of multiple FIRs lodged in the Andhra Pradesh, Telangan…
1 min read
3,700cr Noida Ponzi scam: ED raids 5 premises in 3 cities
The ED raid came after its Lucknow office registered a case under the anti-money laundering Act.
1 min read
RBI Could Have Taken Action Against Ponzi Companies: Enforcement Directorate
Section 58 B of the RBI states, "Whoever in any application, declaration, return, statement, inform…
2 mins read
FTX boss Sam Bankman-Fried calls for tougher regulations to tackle crypto scams, following arrests linked to $4.5 billion bitcoin hack
The 29-year-old crypto billionaire said stricter rules are needed to stop "scams, ponzi schemes and…
Harry Robertson
1 min read
Indian Bitcoin guru arrested for ₹2000 crore ponzi scheme
This is the first enforcement case investigation report (ECIR) to submitted in India under the P…
2 mins read
Bitcoin's slump may have been driven by a billion-dollar Ponzi scheme, miners cashing out, and a volume slump
A third factor might be bitcoin miners cashing out their cryptocurrency reserves. They face a doubl…
Theron Mohamed
2 mins read
China arrests 21 in suspected $7.6 billion Ponzi scheme
The Xinhua report said Ding Ning, the chairman of the holding firm Yucheng Group, which launched Ez…
Lianna Brinded
1 min read
Take a peek at the 5 mansions, condos, and villas bought by the couple who allegedly scammed Warren Buffett
Jeff and Pauline Carpoff allegedly took money from dozens of investors including Buffett's Berkshir…
Theron Mohamed
1 min read
JP Morgan Nears $2 Billion Settlement In Case Tied To Madoff's Ponzi Scheme
As per the deal, JPMorgan will pay more than $1 billion to the prosecutors in Manhattan and the rem…
1 min read
A boat, a motorhome, and a $1 million Mustang - take a look at 11 luxury vehicles bought by the couple who allegedly scammed Warren Buffett
"We completely disagree with the [FBI's] claim that DC Solar was a Ponzi scheme and with any assert…
Theron Mohamed
1 min read
Group Companies Found Guilty In Saradha Scam
The agency in the course of its investigation found out that the promoters, directors and other o…