Crypto Capital: Reginald Fowler hires new lawyer after failing to pay old reps
Reginald Fowler will now be represented in court by Edward Sapone after his former legal team withdrew from his case for non-payment of fees.
Latest fraud News
Singapore regulator warns against digital currency scams following PM name fraud
The Monetary Authority of Singapore has issued a warning following a scam that saw Prime Minister Lee Hsien Loong embroiled in a token fraud on a local token trading platform.
US court orders UK man behind Control-Finance scam to pay $572M
Benjamin Reynolds, the founder of Control-Finance, is accused of misleading investors to believe he would invest their BTC, which authorities said he pocketed.
DoJ charges Instagram personality in $2.5M digital currency fraud
Jegara Igbara, also known as Jay Mazini, is accused of inducing his victims to send him BTC but failed to pay them back, authorities said.
Digital currency fraud in Canada up 400%, police say
Digital currency scams have varied over the years, ranging from those targeting victims’ greed such as “double-your-money” scams to those targeting intimidation such as extortion scams.
McAfee bodyguard pleads not guilty in $13M digital currency fraud case
Jimmy Gale Watson Jr. faces a seven-count indictment including conspiracy to commit securities fraud and substantive wire fraud.
DoJ charges 6 with running illegal $10M digital currency business
The U.S. Department of Justice has charged six people with operating an unregistered money transmitting business.
Texas securities regulator intervenes to stop another digital currency scam
Delta Crypt has already been the subject of warnings from regulators, who claim the scheme has been “illegally offering securities paying ‘ridiculous’ returns.”
US regulator intervenes in ongoing alleged digital asset fraud
Shawn Cutting is accused of raising millions of dollars off the back of false claims about his licensing status, and through misrepresenting investment returns and misappropriating investor money.
Ripple settles its lawsuit against YouTube over scam accounts
The lawsuit alleged that YouTube had “feigned ignorance” as XRP scams defrauded millions of dollars on the video sharing platform.
Bithumb ramps up anti-money laundering protections
The new measures include enhanced Know-Your-Customer verification processes, as well as the introduction of new specialized blockchain intelligence technologies.
Centra Tech Sohrab Sharma sentenced to 8 years over celeb-hyped ICO scam
Sohrab Sharma, the co-founder of Centra Tech, reportedly relied on fake partnerships and endorsements from celebrities like boxing champion Floyd Mayweather to lure investors.
