scheme

In federal court in Brooklyn on Thursday, cryptocurrency personality Thomas John Sferaga, also known as “TJ Stone,” pleaded guilty to... Wire fraud charges Charged with defrauding more than a dozen victims out of more than…

"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…

Asda, the UK’s third-largest supermarket chain, has reported a slowdown in sales growth for the fourth quarter of its latest financial year, posing challenges for its owners who are striving to enhance sales while reducing…

In Australia, a massive cryptocurrency investment scheme involving approximately US$41 million and over 450 investors has collapsed. The country’s financial market regulator successfully obtained a court order to appoint receivers for the…

In a case unraveling in London, a jury has convicted a UK woman of laundering Bitcoin connected to an extensive fraud scheme originating from China, valued at nearly $6 billion. The case, which has captured the attention of law…

Wen Jian was found guilty by a London court on one count of Bitcoin money laundering in connection to a $6 billion Chinese investment scam. On March 20, a U.K. jury found sufficient evidence linking Jian to Qian Zhimin, the apparent…

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 US Department of Justice (DOJ) has brought charges against three people for defrauding investors of nearly $2 billion. According to the DOJ, the individuals promoted a fraudulent cryptocurrency investment program that…