Ponzi Scam

The Economic Offence Wing (EOW) of Odisha Police arrested Jitendra Mallick (27) of Kabisuryanagar, Ganjam district, on June 4 from Bengaluru for his role in a large Ponzi scheme linked …

HAMILTON, N.Y. — The New York State Attorney General’s Office announced the arrest of Miles Burton Marshall, a local tax preparer accused of operating a decades-long Ponzi scheme that defrauded …

The Odhav police have cracked a massive Ponzi scam led by glamorous conwoman Sweety Shah, who, along with her brother Prateek Shah and accomplice, allegedly defrauded over 5,000 investors across …

Thane police have arrested Parag Ashokkumar Shah (47) from Narayangaon, Pune, in connection with a Ponzi scheme that defrauded over 100 investors of Rs 91.63 crore, officials said Thursday. This …

North Region Cyber Police have arrested Dhiraj More, a college student, in connection with a massive investment fraud where a 73-year-old man was cheated of nearly Rs 3 crore. The …

In a major development in the multi-crore Ponzi scam, the Odisha Police’s Economic Offences Wing (EOW) arrested Dwipika Bhanjo and her daughter Tandra Bhanjo from Kolkata. The arrests were made …

Matthew Piercey, a 48-year-old California man, pleaded guilty to a series of charges, including wire fraud, money laundering, and witness tampering, after orchestrating a massive $35 million Ponzi scheme that …

MONMOUTH JUNCTION, NJ — Swapnil Rege, 50, and Reema Rege, 48, a married couple from Monmouth Junction, New Jersey, have been indicted by a state grand jury on multiple financial …

BOCA RATON, FL — Joshua Schuster, 41, of Boca Raton, Florida, has been arrested and charged with wire fraud and securities fraud in connection with defrauding investors out of more …

Dr. Sukhdev Singh, a physiotherapist from Sehnal village in Fatehabad, has been arrested by Ratia police for allegedly running a fake investment scheme promising to double people’s money in just …