12 stories tagged #Ponzi scheme

  1. SEC Charges Texas Man in $12.3M Crypto Ponzi Scheme Using Fake AI Bots
    crypto

    SEC Charges Texas Man in $12.3M Crypto Ponzi Scheme Using Fake AI Bots

    Nathan Fuller allegedly defrauded 150 investors by promising AI trading bots that never traded.

    4d ago 1 min read
  2. Ohio Investment Manager Sentenced for $10M Crypto Ponzi Scheme
    crypto

    Ohio Investment Manager Sentenced for $10M Crypto Ponzi Scheme

    An Ohio man gets nine years in prison for a Bitcoin Ponzi scheme that defrauded investors of over $10 million.

    2w ago 1 min read
  3. Ohio Man Gets 9 Years for $10M Crypto Ponzi Scheme
    crypto

    Ohio Man Gets 9 Years for $10M Crypto Ponzi Scheme

    Investment manager Rathnakishore Giri sentenced to 9 years for a $10 million Bitcoin derivatives Ponzi scheme that continued even after guilty plea.

    2w ago 1 min read
  4. Forsage Co-Founder Extradited to U.S., Pleads Not Guilty in $340M Crypto Ponzi Case
    crypto

    Forsage Co-Founder Extradited to U.S., Pleads Not Guilty in $340M Crypto Ponzi Case

    Ukrainian national Olena Oblamska, known as Lola Ferrari, faces federal charges for her role in the Forsage DeFi Ponzi scheme that defrauded investors of $340 million.

    2w ago 1 min read
  5. DOJ Releases $400M in Seized Assets to Compensate AirBit Club Ponzi Victims
    crypto

    DOJ Releases $400M in Seized Assets to Compensate AirBit Club Ponzi Victims

    The US Justice Department announces a compensation process for victims of the AirBit Club cryptocurrency Ponzi scheme.

    2w ago 1 min read
  6. Ex-CEO of Goliath Ventures Apologizes in $328M Crypto Ponzi Scheme
    crypto

    Ex-CEO of Goliath Ventures Apologizes in $328M Crypto Ponzi Scheme

    Christopher Delgado publicly apologizes for alleged $328M crypto Ponzi scheme targeting nurses, teachers, and retirees.

    3w ago 1 min read
  7. OneCoin Victims Receive $40 Million From Seized Assets After Decade-Long Scam
    crypto

    OneCoin Victims Receive $40 Million From Seized Assets After Decade-Long Scam

    The U.S. Department of Justice announced a $40 million fund for victims of the OneCoin fraud scheme, which defrauded over 3.4 million investors worldwide.

    last mo. 1 min read
  8. Justice Department Launches Compensation for OneCoin Victims
    crypto

    Justice Department Launches Compensation for OneCoin Victims

    The US Department of Justice is distributing over $40 million in forfeited assets to victims of the OneCoin cryptocurrency fraud scheme, which defrauded investors of billions.

    last mo. 1 min read