House Approves Bill to Protect Seniors from Financial Scams
A large majority of lawmakers in the U.S. House of Representatives support an initiative to protect senior citizens from financial scams.
Millions of elderly become...
Mining Capital Coin (MCC), Founders Sued Over Cryptocurrency Mining Fraud Scheme
The U.S. Securities and Exchange Commission (SEC) filed a complaint against Mining Capital Coin Corp. (MCC) and its founders Luis Carlos Capuci Jr., and...
SEC charges 16 people involve in $194 million “pump-and-dump” stock manipulation scheme
The Securities and Exchange Commission (SEC) filed charges against 16 individuals for their involvement in a global pump-and-dump stock manipulation scheme that generated $194...
SEC Charges Entities Behind A Nearly $450 million Ponzi Scheme
The Securities and Exchange Commission (SEC) filed a lawsuit against individuals and companies responsible for the nearly $50 million Ponzi scheme involving purported personal...
Farmers, Insurance Agents Imprisoned for Defrauding Crop Insurance Programs
More than a dozen tobacco farmers, a warehouse owner, several insurance agents, and adjusters in Kentucky were sent to prison for participating in a...
No-fault Auto Insurance Fraud Scheme Leader Gets 7 Years Prison Sentence
A senior leader of the massive no-fault auto insurance fraud scheme has been sentenced to seven years in prison, according to the U.S. Attorney's...
Fintech Investment Group, Compcoin to pay $1.8 million over fraudulent forex and digital asset...
Fintech Investment Group, Compcoin LLC, and its owner Alan Friedland were ordered to pay a total of $1.8 million for operating a fraudulent foreign...
Easterday Ranches to pay $263 million for engaging in phantom cattle fraud scheme
A federal court ordered Easterday Ranches to pay a total of $263 million restitution and civil monetary penalty for committing a phantom cattle fraud...
“You Shall Not Pass” Lord of the Rings Inspired Cryptocurrency Is Now Banned
A cryptocurrency inspired by the “Lord of the Rings” trilogy was banned on Tuesday. The family and estate author of JRR Tolkien — the...
DC Solar owner Jeff Carpoff to serve 30 years in prison for orchestrating $1...
DC Solar owner Jeff Carpoff will spend 30 years of his life in federal prison for orchestrating a $1 billion Ponzi scheme.
Carpoff committed the...
Must Read
Murdaugh Case: 2015 Stephen Smith case has been reclassified a homicide
In 2015, Stephen Smith was found dead on a road near the home of the Murdaugh family. His death was originally believed to be...
