Ponzi scheme


U.S. Court Orders Sam Ikkurty To Pay $84M For Crypto Ponzi Scheme

Crypto - Published date: .

A federal court has ordered Jafia LLC and its owner, Sam Ikkurty, to pay nearly $84 million to crypto investors after ru... Read more

State Department Issues $5m Bounty On OneCoins Cryptoqueen

Crypto - Published date: .

U.S. authorities continue searching for OneCoin’s elusive founder, Ruja Ignatova, also known as “Cryptoqueen,” ove... Read more

Disbarred California Attorney Pleads Guilty To Crypto Ponzi Scheme

Crypto - Published date: .

David Kagel has pled guilty to conspiring to operate a crypto Ponzi scheme that defrauded victims of more than $9.5 mill... Read more

25-year Old Canadian Crypto Guru Charged For $30m Ponzi

Crypto - Published date: .

Canada’s self-named ‘crypto king’ has been has been charged with $30 million fraud. According to a May 15 announce... Read more

FBI Charges Manhattan Man With Running $43m Crypto Ponzi Scheme

Crypto - Published date: .

The FBI has uncovered a multi-year Ponzi scheme defrauding investors of $43 million, linked to crypto trading, with an i... Read more

Crypto Fraudster Jay Mazini To Forfeit $10m In Religious Ponzi

Crypto - Published date: .

Social media influencer Jabara Igbara, commonly known as Jay Mazini, was sentenced to seven years in prison for stealing... Read more

OneCoins Legal Chief Sentenced 4 Years For $4.4b Crypto Fraud

Crypto - Published date: .

United States District Judge Edgardo Ramos has sentenced Irina Dilkinska, the ex-head of legal and compliance for the no... Read more

The Bitcoin Ponzi Scheme: Unveiling The Truth

Crypto - Published date: .

Explore the Bitcoin Ponzi scheme debate. Check the criticisms, Ponzi explanation, and why Bitcoin isn't one. Read more

VC Model Of Investment Looks Like Ponzi Scheme: N R Narayana Murthy

Banking - Published date: .

Murthy believes that ChatGTP provides one with a certain knowledge and they can show their creativity and smartness…bu... Read more