A Turkish court has sentenced Mehmet Aydin, the mastermind behind the fraudulent mobile game Çiftlik Bank, to over 45,000 years in prison. The game, marketed as a virtual farming investment …
Ponzi scheme
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Raees and Ameer Cajee, known as the Bitcoin brothers, are under investigation in Switzerland after one of them was arrested while attempting to access safety deposit boxes in Zurich. The …
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The co-founders of HashFlare, a once-popular cloud mining service, have pleaded guilty to conspiracy to commit wire fraud in what is considered one of the largest crypto fraud cases in …
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Indianapolis, IN – Herbert “Bert” Whalen, 50, was sentenced to 41 months in prison on Tuesday after pleading guilty to conspiracy to commit wire fraud in connection with a multi-million-dollar …
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FinancialInvestment Scams
Thomas Madden and Jeremy Grabow Indicted for Multi-Million Dollar Ponzi Scheme
A federal grand jury unsealed an indictment on January 31, charging Thomas Paul Madden, 66, of Washington City, Utah, and Jeremy Tyler Grabow, 54, of Ladera Ranch, California, with multiple …
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A New York court has sentenced Antonia Perez Hernandez, a key promoter in the Forcount Ponzi scheme, to 30 months in prison. The sentence was handed down by U.S. District …
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Stevensville, Montana — Brett Mauri, a 61-year-old timber frame home builder from Stevensville, has been sentenced to 63 months in prison after being convicted on charges of wire fraud and …
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Armen Ataine, a Ukrainian actor, was arrested by the Economic Offences Wing (EOW) of the Mumbai Police in connection with a Ponzi scam that defrauded hundreds of investors across the …
by Ananya Mehta -
Natalie Cochran, a pharmacist who previously pleaded guilty to running a Ponzi scheme that defrauded millions, is now standing trial for the alleged murder of her husband, Michael Cochran. The …
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LAHORE: The National Accountability Bureau (NAB) in Lahore has arrested two individuals, Nadeem Anwar and Faheem Anjum, accused of orchestrating a large-scale investment fraud known as the Prime-Zone Investment Scheme. …