London Capital & Finance Fraudsters Ordered to Pay £400 Million
Five Men Ordered to Pay Back Nearly £400 Million for Role in Largest UK Ponzi Scheme A High Court judge has ordered five men involved in the fraudulent London Capital…
Ponzi scheme
Bitwise Founders Soberal, Olguin Sentenced for Fraud Scheme
FRESNO, Calif. (KFSN) — The co-founders of the failed tech company Bitwise were sentenced to prison on Tuesday in a federal court for their involvement in a massive fraud scheme…
Pauri Police Bust Rs190 Crore Investment Scam, Arrest 5 in Uttarakhand
In a major breakthrough, Pauri police in Uttarakhand have busted a massive investment scam worth Rs190 crore, arresting five individuals, including the state head of the fraudulent operation. The gang…
Costa Mesa Man Sentenced to 15+ Years for $17M Real Estate Fraud
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 Man Sentenced to 10 Years for Role in IcomTech Cryptocurrency Ponzi Scheme
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 Sentenced to 70 Months for $2M Investment Fraud
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.…
Mintu Das Mastermind of Online Trading FraudArrested by CBI
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…
Israeli Man Shlomo Erez Pleads Guilty to Conspiring with Ponzi Schemer Eliyahu Weinstein
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…
Ex-NYPD Officer Jason Rodriguez Pleads Guilty in $4.8M Fraud
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…
Prayag Group Directors Arrested in ₹2,000 Crore Ponzi Scheme by ED
In a significant development, the Enforcement Directorate (ED) has arrested two directors of the Prayag Group, a West Bengal-based company, in connection with a massive multi-crore chit fund scam. The…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More