Investment Scams

On Thursday, the Crime Branch arrested Sunish Nambiar, 44, for allegedly defrauding over 100 investors of a staggering Rs25 crore. Nambiar, a resident of Chirakkal village, hails from Kuveri in …

MORRISTOWN, NJ – Thomas Nicholas Salzano, 66, from Secaucus, New Jersey, was sentenced on November 12, 2024, to 12 years in federal prison for orchestrating a massive $658 million Ponzi …

In a significant breakthrough, the Palarivattom police have arrested two individuals for defrauding a retired engineer of over Rs75 lakh through an online trading scam. The accused, Abdul Muneer (32) …

A significant financial fraud case has unfolded in Kerala, with businessman N M Raju and his family arrested in connection with a Rs500 crore scam. Raju, his wife Grace, and …

by AriseNews WASHINGTON — The U.S. Securities and Exchange Commission (SEC) has charged Nigerian auditor Olayinka Oyebola and his firm, Olayinka Oyebola & Co. (Chartered Accountants), for allegedly aiding and …

By Werner Menges Michael Bronkhorst, a 37-year-old accountant, has been charged with fraud for allegedly orchestrating a scheme that defrauded N$100 million from a loan company. Appearing in the Windhoek …

In a major breakthrough, the Goa Police Cyber Crime Cell arrested Kumar Utlasar, a 50-year-old Bengaluru resident, in connection with an alleged investment scam worth Rs2.3 crore. The arrest came …

In a significant crackdown, Kanpur Police arrested four individuals involved in a counterfeit currency operation. The accused were caught attempting to use fake currency to make an advance payment for …

Written by Wendy Dondolo Multimedia Intern Journalist Former Fetakgomo-Tubatse municipal manager, Johannes Mohlala, has been sentenced to a suspended five-year prison term after admitting to illegally investing R230 million of …

Four Nigerian nationals, residing in the U.S. and Canada, have been sentenced for their roles in a conspiracy to defraud victims through romance and investment scams, the U.S. Attorney’s Office …