Ponzi scheme - search results

Federal prosecutors are pressing for a harsh sentence of over a decade in prison for John J. Woods, the Georgia fund manager accused of...

The mastermind behind the “epic proportions” GemCoin crypto scheme has been sentenced to 10 years in federal prison, according to the U.S. Attorney's Office...

Aggressive Ponzi Fraudster Lee Loomis received a prison sentence in February for running a complex investment ponzi scheme. The scam caused nearly 200 investors to...

Investment Fraud Scheme The owner of two Cambridge-based investment advisory firms receives sentence in connection with a scheme to defraud hedge fund investors. Yasuna J....

Fraud and Identity Theft Scott Newsholme of Farmingdale, New Jersey, plead guilty in federal court to wire fraud, aggravated identity theft, and preparing fraudulent tax...

The stage was set in Texas this Monday. Prosecutors vigorously appealed to a federal judge to dismiss the compassionate release motion submitted by Robert...

When litigation attrition and bad faith become common words in an industry it’s time for positive changes. With powerful lobbying groups in play I...

The notorious Crypto-queen, Dr. Ruja Ignatova, 38, who allegedly scammed investors out of $4 billion in a Ponzi scheme is still alive. Her company OneCoin...

The collapse of the cryptocurrency exchange FTX has sparked numerous comparisons to the fall of Lehman Brothers, which caused the 2008 financial crisis. However, a...

Noble laureate Paul Krugman has been vocal about hating bitcoin and other cryptocurrencies, describing them as useless, wasteful, niche, and only valuable due to...