Investment Scams

A former CEO of a Silicon Valley startup, Shaukat Shamim, was sentenced to over three years in federal prison for defrauding investors out of $6.4 million, as announced by the …

In a significant breakthrough, the Hyderabad Cybercrime Police have arrested two individuals involved in a series of business and investment frauds across 17 states in India. The accused, Amarnath Singh …

Mumbai Police have arrested three individuals for assisting cyber fraudsters in defrauding a share trading professional of over Rs 61 lakh. The fraudsters had promised high returns on investments, and …

A woman has accused six individuals, including two officials from HDFC Bank, of defrauding her of Rs 1.3 crore under the guise of making investments. The woman, a resident of …

A woman in Vietnam’s central Quang Nam Province has been accused of murdering her son in an attempt to fraudulently claim insurance money. To Thi Ty Na, 44, was arrested …

A businessman from Shahdara was duped of Rs 3 lakh under the guise of an investment opportunity. The fraudsters promised him substantial earnings after completing a series of tasks, but …

The Pune Cyber Police on Monday revealed the busting of a large online share trading fraud racket, resulting in the arrest of six individuals, including a bank director and a …

Bernhard Eugen Fritsch, a 63-year-old Malibu man, has been convicted of defrauding investors out of more than $20 million by making false claims about the financial prospects of his celebrity-focused …

Dionne Marie Hanna, an 84-year-old woman known as the “Con Mum,” has been charged with fraud following her appearance in the Netflix documentary Con Mum. Hanna is accused of scamming …

The Nandyal District Police have arrested 47-year-old Chanda Ramanjaneyulu from Dhone town for defrauding over 300 people in a cryptocurrency investment scam. The accused promised huge returns on investments but …