Fraud Alert: Watch Out for Holiday Scams
The COVID-19 pandemic has pushed millions and millions of people, businesses, organizations, and many other entities to use various devices and technologies particularly the...
CFTC sues companies, individuals involve in $165M global binary options fraud scheme
The Commodity Futures Trading Commission (CFTC) filed a lawsuit against four companies and five individuals who operated a global binary options fraud scheme.
The CFTC...
FTC sues Neora for allegedly operating an illegal pyramid scheme
The Federal Trade Commission (FTC) filed a lawsuit against Neora, LLC and its CEO Jeffrey Olson for allegedly operating an illegal pyramid scheme and...
U.S. Charges Leaders of Multi-Billion Dollar Cryptocurrency Pyramid Scheme
U.S. authorities filed charges against the leaders of an international and multi-billion dollar pyramid scheme involving the marketing of a fraudulent cryptocurrency called “OneCoin.”
On...
Cambridge Analytica Files for Bankruptcy after Facebook Data Scandal
Cambridge Analytica, the British political consulting firm accused of misusing the personal data of 87 million users, filed for bankruptcy.
On Wednesday, the firm announced...
FTC Slams Operators Responsible for Making Billions of Illegal Robocalls
Illegal Robocalls Squelched
The Federal Trade Commission crushes two related operations and their principals for facilitating billions of illegal robocalls to consumers nationwide. The illegal...
Fake Lawyers Busted for Threatening to Arrest People Over Non-Existent Debt
Fake lawyers were recently busted by the FTC for threatening to arrest consumers for debt they didn’t even owe. Although this lawsuit by the...
BREAKING NEWS: Feds File Two Fraud Cases Against Bitcoin Traders
Right behind the death of BitConnect, the major drop in value of Ripple, and the devaluation of cryptocurrency, the U.S. Commodity Futures Trading Commission...
SEC charges Lewis Wallach, ex-CEO of Professional Financial Investors with operating a Ponzi scheme
Lewis Wallach, the former chief executive of Professional Financial Investors, Inc. (PFI) has been charged with operating a fraudulent Ponzi scheme and misappropriating investors’...
SEC adds new fraud charges against fintech firm Longfin and CEO
The Securities and Exchange Commission (SEC) added new fraud charges against Longfin Corporation, its CEO Venkata Meenavalli.
Longfin claimed to be a fintech company that...
Must Read
$960K Ohio Child Death Case: A Grave Verdict
In a shocking conclusion to a heartrending case, Catholic Charities Corp. has been mandated by an Ohio jury to pay $960,000 to Michelle Rodriguez,...
