Ponzi scheme

Brett Barber, 45, of Costa Mesa, was sentenced to more than 15 years in federal prison for orchestrating a fraudulent investment scheme that deceived investors, including older adults, out of …

TAMPA, Fla. — David Brend, 50, of Tampa, has been sentenced to 10 years in prison for his involvement in the IcomTech cryptocurrency Ponzi scheme. Brend, alongside his co-defendant Gustavo …

Gustavo Guzman, 61, formerly of Fullerton, California, was sentenced today to 70 months in prison for orchestrating an investment fraud scheme that defrauded victims of nearly $2 million, the U.S. …

The Central Bureau of Investigation (CBI) has successfully apprehended Mintu Das, also known as Rohit Chandra Das, the alleged mastermind of a large-scale online trading fraud. The arrest took place …

Shlomo Erez, a 56-year-old man from Israel, has pleaded guilty to multiple charges in connection with a $35 million Ponzi scheme, alongside Eliyahu “Eli” Weinstein, a notorious Ponzi schemer who …

Jason Rodriguez, a former New York Police Department (NYPD) officer, pleaded guilty to conspiracy to commit wire fraud in connection with his role as Chief Operating Officer of Technical Trading …

In a significant breakthrough, Ahmedabad police have arrested three individuals, including a husband and wife duo, for defrauding investors of Rs1.61 crore through a fraudulent investment scheme under the name …

The Economic Offences Wing (EOW) of Surat Police has arrested Jiyajur Raheman Syed, the CEO and Director of LFS Broking Pvt. Ltd., in connection with a major Ponzi scheme that …