(source: en.wikipedia.org)
The cost of crimes involving bitcoin and cryptocurrency hit $4.3 billion in 2019, according to Chainalysis and The Wall Street Journal, which was a bigger...
International Investment Group (IIG), which provides loans to small and medium-sized businesses (SMBs), lost its license after the U.S. Securities and Exchange Commission (SEC) revoked...
Charles Ponzi built his eponymous schemes on the promise of profits tied to postage stamps. But ours is a decidedly high-tech world, where fortunes are...
Federal prosecutors have charged three men who allegedly ran a $364 million Ponzi scheme. According to Reuters, the men — Kevin Merrill of Maryland, 53,...
Bank of America has been accused in a lawsuit of providing more than 100 accounts, used to carry out a $102 million Ponzi scheme. According...
An independent management team has resigned from the Woodbridge Group of Companies after the SEC accused the firm of being a Ponzi scheme. According to...
The U.S. Commodity Futures Trading Commission announced it has filed civil fraud charges against a New York man and his company over an alleged bitcoin...
A court in Beijing handed down a life sentence for the mastermind behind the $9 billion Ezubao financial Internet scam and sentenced 26 others to...
The firm responsible for paying out $4 billion to victims of Bernard Madoff’s Ponzi scheme has been spending millions on related billings, including the retention...