These scams promise high returns with little risk
By Rob Wolchek and David Komer Robert Shumake is a figure known for constantly reinventing himself—whether as a businessman, author, or spiritual leader of a church. However, one constant in …
Category:
Investment Scams
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The latest arrest in a series of gold bar frauds in Montgomery County, Maryland, has resulted in 23-year-old Neel Patel being held in jail. He allegedly played a role in …
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The Enugu Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) arraigned Rufus John Isip, a self-proclaimed forex broker, before Justice C. S. Onah at the Federal High Court …
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By Rotimi Ojomoyela Ado-Ekiti—Victor Olanipekun, 34, and Olabayo Adeboye, 40, were arraigned yesterday in a Federal High Court in Ado-Ekiti, Ekiti State, over an alleged N47.8 million fraud. The duo …
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American businessman Marco Antonio Ramirez has been found guilty by Justice Mojisola Dada of the Special Offences Court in Ikeja, Lagos, for orchestrating a $1.2 million EB-5 visa scam. Alongside …
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Two people were jailed for their involvement in a scheme that defrauded a Lincolnshire-based metal recycling company out of £2.2 million, with additional members of the group receiving suspended sentences. …
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FinancialInvestment Scams
Rajdeep Singh Nagra Arrested in ₹2,000-Crore Money Laundering
by Ananya MehtaRajdeep Singh Nagra, an aide to former Punjab food and civil supplies minister Bharat Bhushan Ashu, has been arrested in a significant Rs2,000-crore money-laundering case related to foodgrain transportation. The …
by Ananya Mehta -
FinancialInvestment Scams
Gurkirat and Harkirat Singh Arrested in ₹25 Crore Fraud Case
by Ananya MehtaThe Kolkata Police have apprehended brothers Gurkirat Singh and Harkirat Singh, residents of Ludhiana, in connection with an alleged fraud case involving Rs25 crore. Gurkirat serves as the executive director …
by Ananya Mehta -
April Hudson · CBC News In a significant ruling on Wednesday, the N.W.T. Supreme Court found ample evidence of Ron Barlas misusing company resources for personal interests, resulting in his …
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by Richard Cuthbertson · CBC News A 58-year-old lobster dealer with a notorious history in southwest Nova Scotia, Terry Banks, has been sentenced to five years in prison for defrauding a fisheries …