Ponzi scheme

HEMET, CA — A Southern California woman, identified as Consuelo Carrasco-Ramirez, 53, was arrested for allegedly orchestrating a Ponzi scheme that defrauded victims out of nearly $200,000, according to the …

Surathkal Police have arrested four individuals linked to two major “lucky scheme” scams that defrauded thousands of unsuspecting victims of crores of rupees. In one of the prominent cases, Ahmed …

In a major breakthrough, the Nagaon police have arrested Anirban Deuri, the alleged mastermind behind the multi-crore Nagaon trading scam, from Faridabad, New Delhi. He had been evading arrest for …

Hyderabad Police have cracked down on a massive organized financial fraud operated by AV Solutions, arresting two key figures involved in the scam. Gaddam Venugopal, director of AV Solutions and …

Jaipur Rural Police on Saturday arrested a father-son duo, Lokesh Joshi (48) and Nikhil Joshi (22), for allegedly masterminding a multi-crore Ponzi scheme disguised as a stock market investment company. …

Vinod Kumar, a resident of Sri Ganganagar, Rajasthan, was arrested for defrauding over 150 people through a Ponzi scheme called ‘Dollar Win Exchange’. The scam promised unrealistic monthly returns of …

NEW JERSEY — Real estate influencer and investor Cesar Humberto Pina, known online as “Flipping NJ,” has been indicted by a federal grand jury in connection with an alleged multimillion-dollar …

Federal prosecutors have charged two men with orchestrating one of the largest crypto investment scams in recent history, defrauding victims of more than $650 million. Michael Shannon Sims, 48, and …

Anna Kline, also known as Jordana Weber, a 35-year-old woman from Sparks, Nevada, has been sentenced to 10 years in federal prison for operating a multimillion-dollar advance fee Ponzi scheme …

Police have arrested Siddharth Malviya, a 26-year-old man accused of orchestrating a fraudulent online investment scam involving fake electric vehicle (EV) charging station projects. His company, DART-EV, allegedly lured victims …