Busted! Crypto Ponzi Schemer Apprehended after ‘Sea Scooter’ Escape Attempt 44-year-old Matthew Piercey is up against multiple charges connected to two crypto-related Ponzi scheme firms.
Crypto Promoter Admits Role in $700M Mining Ponzi Scheme The accusation comes as Joseph Abel and four co-defendants have been nabbed by US authorities in connection with Bitclub.
SEC Cracks Down on More Ponzi Schemes, Hit IIG with Fraud Charges IIG engaged in a pyramid scheme by overvaluing troubled loans and replacing defaulted loans with fake performing loan assets.
UGA Student Pleads Guilty to Running $1 Million Ponzi Scheme Arham Arbab, 22, guaranteed returns between 22 and 56 percent, and backed up plans that cover the first $15,000 ...
Victim of Greek Madoff Files Appeal in the UK The England and Wales Court of Appeal is the next place for the ongoing legal battle for victims of ...
$3 Billion Chinese Ponzi Scheme Dumping BTC on Major Exchanges The scheme defrauded around 10,000 investors.
New Zealand Brokerage Owner Orchestrates $7M Ponzi Scheme After defrauding clients, Kelvin Clive Wood has admitted to having misled clients
Head of BitConnect India Arrested, Police Working to Unravel Scheme The crackdown on the "crypto currecy revolution [sic]" continues.
CEO of Vietnamese Cryptocurrency Mining Firm Absconds with $35 million Investors were invited to come and pick up their mining devices only to find company premises vacated.
FCA Exposes Ponzi Scheme Gainmax Capital Gainmax Capital claims that clients who invest bigger amounts will get bigger returns.
Kentucky Tries Brigands – BitConnect Sued in Kentucky Court The dubious investment platform faces its second class-action lawsuit.
Russian Scam Artist Mavrodi to Relaunch Cryptocurrency on Ethereum "Financial apocalypse is inevitable.”
Group of Investors File Charges against Greek Madoff and Defunct US Broker A similar case filed in the UK has not yielded any results for the plaintiffs.
SEC Charges Bosses of Fake Day-Trading Firm with Defrauding Novice Investors The two fraudsters behind the scheme pocketed over $1.4 million from investors across the world.
CFTC Charges Trader with Fraud in Ponzi-Style Commodity Pool Scheme Derek Springfield allegedly fraudulently solicited and received $1.46m in connection with pooled investments.
South Carolina Couple to Pay over $10 Million for Forex Ponzi Scheme On April 14, 2016, Robert Leben was sentenced to 40 months in prison in a parallel criminal action.
Victims of Thai Forex Ponzi Scheme Wealthy-Plus Claim $2.8m Lost The Wealthy-Plus operation has cost some 1000 investors their life savings after advertising on Facebook and LINE.
Trendon Shavers Sent to Jail Over Bitcoin Savings and Trust Ponzi Scheme Trendon Shavers deceptively raised more than BTC 764,000, worth over half a billion USD at current Bitcoin exchange rates.
Former Wall Street Executive Pleads Guilty to $38 Million Fraud Andrew Caspersen's addiction caused him to lose $123 million by compulsively speculating on put options in the S&P 500 ...
CFTC Charges Dorian Garcia With $17.5m in Fines after FX Ponzi Scheme A series of fines combined to form a $17.5m penalty against Garcia for swindling investors in a commodity and ...