Ponzi

David Carmona, founder of cryptocurrency Ponzi scheme IcomTech, received a 10-year prison sentence following a court ruling last week. This development was revealed on October 4 by the US Attorney's Office for the Southern District…

The U.S. Securities and Exchange Commission today charged brothers Jonathan and Tanner Adam with running a company $60 Million Ponzi Scheme Under the guise of an investment opportunity in cryptocurrencies. This case, which dates…

In a notable development, Chinese authorities have been spotted moving a massive amount of Ethereum (ETH) that was previously confiscated during a crackdown on the infamous Plus Token crypto pyramid scheme. The…

Juan Tacurri, 46, of Greenacres, Florida, a top promoter of the Forcount cryptocurrency Ponzi scheme, pleaded guilty to conspiracy to commit wire fraud in the Southern District of New York. The scheme, which netted $8.4…

Ontario's "crypto kingpin" Aiden Blitrski has been arrested and charged with fraud and money laundering in connection with an alleged Ponzi scheme following one of the most comprehensive fraud investigations the region…

"Ponzi scheme" has become a byword for all manner of financial frauds and monetary scams. When a rapid six month collapse erased $2T (trillion) from crypto market capitalization in 2022, mainstream media outlets were quick to again label…

A New York court and the Federal Bureau of Investigation (FBI) unsealed an indictment against Eden Dalbor. The 39-year-old New York resident was accused of organizing a sophisticated Ponzi scheme that allegedly defrauded…

The case involving Oasis, a $78 million Ponzi Scheme that masqueraded as a forex exchange investment fund, took a new turn after the court reversed the dismissal of a complaint against the alleged accomplices, including ATC Brokers.…

The United States Securities and Exchange Commission (SEC) has charged 17 individuals for allegedly perpetrating a cryptocurrency Ponzi scheme that defrauded thousands of Latino investors in the country for approximately…

The United States Department of Justice (DOJ) has indicted two men for perpetrating a crypto Ponzi scheme that defrauded investors of approximately $25 million. According to a press release from the Justice Department,…