Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested Ahamba Tochukwu, the Chief Executive Officer of Gavice Logistics Limited, for allegedly running a Ponzi scheme that defrauded investors …
Tag:
Ponzi scheme
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PHILADELPHIA — A federal grand jury has indicted Daryl F. Heller, a 56-year-old businessman from Lititz, Pennsylvania, for operating a massive Ponzi scheme that defrauded investors out of approximately $402 …
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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 …
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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 …
by Ananya Mehta -
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 …
by Ananya Mehta -
Investment ScamsPonzi Scam
Hyderabad Police Arrest AV Solutions Directors in Rs850 Cr Fraud
by Ananya MehtaHyderabad 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 …
by Ananya Mehta -
FinancialInvestment ScamsPonzi Scam
Lokesh & Nikhil Joshi Arrested for Crore Ponzi Scam
by Ananya MehtaJaipur 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. …
by Ananya Mehta -
CryptoCryptocurrency ScamsInvestment ScamsPonzi Scam
Vinod Kumar Arrested for Rs 19 Lakh Ponzi Scam ‘Dollar Win Exchange’
by Ananya MehtaVinod 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 …
by Ananya Mehta -
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 …
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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 …