Investment Scams

BANGKOK — Two Liberian nationals were arrested for allegedly defrauding a Thai man in a sophisticated gold purchase scam involving counterfeit US currency worth $90,000. The arrests were made on …

Thai authorities have begun seizing the assets of Boon Vanasin, an 86-year-old hospital tycoon who allegedly scammed over 12 billion baht from hundreds of investors by promoting non-existent medical projects. …

Newark, NJ — Chaim “Eli” Puretz, a key player in a multi-million-dollar mortgage fraud scheme, was sentenced to 24 months in prison by U.S. District Court Judge Robert Kirsch on …

A Kolkata resident was duped out of Rs1.78 crore by fraudsters who posed as stock trading experts, offering guidance on equity investments. The victim, a resident of Haridevpur, was approached …

The Chandra Layout police arrested a couple, Aishwarya Gowda and her husband Harish K.N., on charges of defrauding a jewellery shop owner out of Rs8.4 crore worth of gold. The …

In a significant development on Wednesday, two monks from the Vadtal Swaminarayan sect, along with their accomplice, were sent on a one-day remand by the Ahmedabad rural court for further …

A Canton man, Li Biao, has been arrested after attempting to scam an 84-year-old woman out of $25,000. The scam was foiled when the woman’s family noticed suspicious transactions and …

The Economic Offences Wing (EOW) of hyberabad has exposed a large-scale investment fraud involving 12 Wealth Capital Services Pvt. Ltd. The company, which promised high returns on investments, has been …

A 56-year-old man from Bradenton, Jeffrey Arthur Moynihan Jr., was arrested on charges of defrauding a 74-year-old woman out of $250,000 by impersonating Elon Musk. The victim, from Texas, had …

Three Uzbek nationals have been arrested in Phu Quoc City, Kien Giang Province, for fraud after being caught using counterfeit $100 bills to deceive local businesses. The suspects, identified as …