Search Results for: "Ponzi scheme"
2 Estonians Charged In $575M Crypto
Two Estonian nationals were extradited to Seattle to face charges that they operated a pair of schemes that…
By – Rihem Akkouche
Allen Stanford Early Release Bid Opposed by Prosecutors: A Detailed Look
The stage was set in Texas this Monday. Prosecutors vigorously appealed to a federal judge to dismiss the…
By – Rihem Akkouche
Markel and Evanston Insurance: Litigation Attrition in Bad Faith Cases on the Rise
When litigation attrition and bad faith become common words in an industry it’s time for positive changes. With…
By – Leah Gillis
The FBI says the Crypto-queen who scammed $4 billion is still alive
The notorious Crypto-queen, Dr. Ruja Ignatova, 38, who allegedly scammed investors out of $4 billion in a Ponzi…
By – Jackie Allen
The Fall of FTX is Similar to the Theranos and Bernie Madoff Debacles, says a Former SEC Official
The collapse of the cryptocurrency exchange FTX has sparked numerous comparisons to the fall of Lehman Brothers, which…
By – Rochdi Rais
Nobel Laureate Paul Krugman’s Top 12 Quotes About Bitcoin
Noble laureate Paul Krugman has been vocal about hating bitcoin and other cryptocurrencies, describing them as useless, wasteful,…
By – Rochdi Rais
CFTC wins $32 million judgment against Circle Society, its owner David Gilbert Saffron for committing cryptocurrency fraud
The Commodity Futures Trading Commission (CFTC) won its case against Circle Society, its owner David Gilbert Saffron for…
By – Marivic Cabural Summers
Scammer Lawrence Schmidt Extradited to the U.S. to face investment fraud charges
Scammer Lawrence Schmidt, the chief executive of Commercial Equity Partners, FutureGen Company, and other investment entities has been…
By – Marivic Cabural Summers
Payza founders sentenced to prison for breaking federal money transmission laws
MH Pillars (doing business as Payza) founders, Canadian brothers Firoz and Ferhan Patel are going to spend time in…
By – Jackie Allen
BitClub Network cryptocurrency mining scam co-conspirator pleaded guilty
Joseph Frank Abel, one of the co-conspirators in the BitClub Network cryptocurrency mining scam, admitted his involvement in…
By – Marivic Cabural Summers