These scams promise high returns with little risk
Two men, Gyari Das (67) from Mayyanad, Kollam, and Santhosh Kumar (57) from Chittethukara, were arrested by the Ernakulam Town North police on Tuesday in connection with an online fraud …
Category:
Investment Scams
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Hassan Mehdi, accused of establishing a fraudulent company to steal $1.7 million from Australian scam victims, admitted to deleting crucial messages and claimed police misrepresented evidence found on his phone. …
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FinancialInvestment Scams
Ranjit Kakoty Arrested in Multi-Crore Trading FX Scam in Assam
by Ananya MehtaIn a major breakthrough against online fraud, Dibrugarh Police have arrested Ranjit Kakoty, a key suspect in a multi-crore scam that defrauded thousands of investors through an online trading application …
by Ananya Mehta -
A 22-year-old from Assam, Bishal Phukan, has been arrested for his involvement in a massive Rs 2,200-crore stock market scam. Phukan, who hails from Dibrugarh, gained notoriety for his luxurious …
by Ananya Mehta -
Two men have been sentenced to prison for defrauding close friends and family out of nearly £9 million in life savings and pensions. Andrew Bird, 60, and Christopher Walton, 67, …
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In a significant development, Irfan Ahmed Gannawala, a 24-year-old resident of Dharwad, Karnataka, has been arrested for his involvement in a Rs1.88 crore stock market fraud linked to Dubai-based scammers. …
by Ananya Mehta -
A property developer has been sentenced to prison for endangering lives by falsifying building work documents and selling unsafe flats. Wayne Murfet, director of Lors Homes, provided 36 fraudulent building …
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FinancialGovernment Impersonation ScamsInvestment Scams
Bill Hwang Found Guilty of Fraud and Market Manipulation
A jury in New York has found Wall Street investor Sung Kook “Bill” Hwang guilty of fraud and market manipulation. This verdict comes three years after the collapse of his …
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On Thursday, State Auditor Shad White announced the arrest of John Jackson, the owner of JPA, Inc., for allegedly submitting fraudulent invoices to the City of Tutwiler. The invoices, amounting …
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A troubling increase in fraud cases involving manipulated photos of car crash damage is raising alarms among insurers and driving motor insurance costs to record levels in the UK. Allianz …