These scams promise high returns with little risk
Singapore Businessman Ng Yu Zhi Faces Trial for $1.1B Nickel Scam Ng Yu Zhi, a former accountant and businessman, is on trial for scamming investors out of S$1.5 billion (around …
Category:
Investment Scams
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FinancialInvestment Scams
Malabar Gold Employee Arrested for Stealing Gold Worth ₹11.5 Lakhs
by Ananya MehtaA senior sales executive at Malabar Gold and Diamonds has been arrested for stealing gold worth Rs11,53,570 from the showroom. The accused, Rajeev, a native of Avalookunnu, Alappuzha, was apprehended …
by Ananya Mehta -
FinancialInvestment Scams
Tiruppur Police Arrest Saraswathy and Gokul in ₹3.56 Crore Financial Fraud
by Ananya MehtaIn a significant breakthrough, the Economic Offences Wing (EOW) of the Tiruppur police has arrested two individuals, Saraswathy (58) and Gokul (28), both residents of Akkaraipalayam near Vellakovil, for their …
by Ananya Mehta -
FinancialInvestment Scams
Coimbatore IT Employee Karthikeyan Duped in ₹17-Crore Online Fraud
by Ananya MehtaThe Coimbatore city cybercrime police recently arrested two individuals involved in a large-scale online fraud, amounting to Rs17 crore. The case has international connections, with links to criminal syndicates operating …
by Ananya Mehta -
Standard Chartered Bank, headquartered in London, is facing serious allegations of processing billions of dollars in transactions for entities linked to terrorist groups, according to recent court documents filed in …
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Seven key figures, including former PASCO MD, arrested in corruption probe The Federal Investigation Agency (FIA) in Lahore has initiated a major crackdown against officials of the Pakistan Agricultural Storage …
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FinancialInvestment Scams
Mpumalanga Businessman Smangaliso Khoza Guilty of R2M Fraud and Money Laundering
A 40-year-old Mpumalanga businessman, Smangaliso Khoza, has been found guilty of fraud and money laundering amounting to over R2 million against SARS. Meanwhile, Tiny Mtumba, a 36-year-old Congolese national, has …
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RALEIGH, NC – Earl Lamont Taylor, a 52-year-old business owner from Raleigh, has pleaded guilty to bank fraud and wire fraud in connection with a fraudulent scheme that secured nearly …
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The Rise and Fall of South Africa’s Largest Ponzi Schemes Over the last few years, South Africa has witnessed the collapse of three significant Ponzi schemes — MTI, BHI Trust, …
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FinancialInvestment Scams
Tjoman Buditaslim, Jose De Jesus Martinez, and Jose Tellez Sentenced for $55 Million Mortgage Fraud
Tjoman Buditaslim, 52, of San Francisco; Jose De Jesus Martinez, 59, of Daly City; and Jose Alfonso Tellez, 27, of San Jose were sentenced today for their involvement in a …