Investment Scams

A federal grand jury in New Haven has issued a 23-count indictment against Justin C. Murphy, 49, of Stamford, Connecticut, in connection with an alleged $3.5 million investment fraud. Murphy, …

Wedaeli Chibelushi BBC News, London Tshifhiwa Matodzi, the architect of one of South Africa’s largest banking frauds, has been sentenced to 15 years in prison for his role in the …

Joseph Giuttari, a Rhode Island mortgage broker and owner of Hybrid Capital Group, LLC; THE FENS CO., LLC; and Realty Funding Advisors, LLC, pleaded guilty today to defrauding investors of …

The U.S. Attorney’s Office for the Western District of North Carolina announced that Steven Andiloro, 53, of Mooresville, has pleaded guilty to securities fraud and wire fraud. Andiloro admitted to …

Delhi Police have arrested J. Sivaram (30), a man from Chennai, in connection with a large-scale investment scam that defrauded over 30,000 individuals of an estimated Rs 500 crore. The …

By Samuel Gaytan A Lebanese man who falsely claimed to be a prince from Dubai and defrauded U.S. investors of millions was sentenced to 20 years in federal prison for …

The Crime Branch investigating the Rs96-crore fraud at the Angamaly Urban Cooperative Society has arrested two more individuals linked to the scandal. The arrested suspects are T.P. George from Kalady …

A 24-year-old chef, Olusola Folorunso, and a 47-year-old security guard, Rafiu Mutairu, have been arrested by the Rapid Response Squad (RRS) of the Lagos State Police Command for allegedly stealing …

In a significant breakthrough, the Cyber Crime Wing of the Tamil Nadu Police arrested three individuals accused of defrauding people by offering fake online trading schemes promising high returns. The …