‘Morris Coin’ Ponzi Scheme Busted: 36-Year-Old Man Arrested in India Police were tipped off by someone who was not directly involved in the Ponzi scheme.
FMA Warns of Fraudsters Impersonating Regulator in COVID-19 Scam Scammers are impersonating the regulator, trying to exploit people affected by COVID-19.
ASIC Places Seven Year Ban on BitConnect Frontman John Bigatton Bigatton has been banned from providing financial services for seven years.
Binance Aids Ukrainian Police to Detect Crypto Money Launderers Police arrested three men allegedly tied to a criminal group which laundered $42 million.
Pepperstone Warns Clients of Data Breach as Fraudsters Impersonate Broker Fraudsters are reaching out to Pepperstone clients, asking them to transfer their client funds.
US Grand Jury Indicts PlexCoin Founder of Securities & Wire Fraud The indictment was delivered to Dominic Lacroix, Yan Ouellet and Sabrina Paradis-Royer.
US DOJ: Texas Man Arrested on COVID-19 Relief Fraud Charges Some of the relief funds given to Joshua Thomas Argires were allegedly invested in cryptocurrencies.
Belgium’s FSMA Warns Against Three Boiler Room Scams According to the FSMA, these companies are not allowed to offer investment services in or from Belgium.
Ripple Sues YouTube for Growing ‘Scams and False Impersonations’ YouTube recently crackdown on some established crypto content creators, taking down their videos.
ePayments Woes Continue as Fraudsters Capitalize on Uncertainty Third parties have been offering to help clients recover funds without authorisation.
ACCC: Australians Lost $42.4m to Investment Scams in 2019 As of September 2019, Aussies had lost around $33 million.
FCA: Investment Complaints Remain Steady in H1 of 2019 The number of complaints, however, were much less than those for Payment Protection Insurance.
FuturoCoin Founders Received Gambian Diplomatic Passports Stephan Morgenstern and Roman Ziemian may have obtained the travel documents illegally
New Zealand’s FMA Labels JJ Lloyd as Potential Scam Hong Kong’s SFC and Austria’s FMA has also warned against the entity.
CySEC Impersonators Target Traders Fraudsters are asking for money so they can 'retrieve' funds lost to forex brokers
Why Online Investment Scams Are Ruining it for Everyone Online investment scams are damaging the entire industry’s reputation.
FCA Flags Crypto Clone Firm AGM Invest as Crypto Scams Rise The regulator states that AGM Invest is a clone firm of AGM Financial Services Ltd.
ASIC Flags OneCoin Limited as Potential Crypto Scam This is the second crypto scam the regulator has warned against in a week.
BaFin Clamps Down, Flags 3 Cannabis Shares CFD Providers Cannabis Software, Cannabis Millionaire and Weed Millionaire were mentioned by the regulator.
FCA: Forex, Crypto Scams Cost Brits £27 Million Last Year The British regulator is going to launch a new campaign - ScamSmart - to tackle fraud on social media