Latest News Of Ponzi scheme Tag
Business 16 August 2019
Multi-billion Ponzi scheme PlusToken reportedly dumping crypto
Known as PlusToken, the Ponzi scheme is reported to have caught as many as 10 million individual investors, with investment totaling $3 billion.
Business 9 August 2019
$28-million crypto Ponzi scheme ends after arrest
Harpreet Singh Sahni was arrested by India’s Special Task Force (STF) this week as he was holed up in a hotel in Delhi.
Business 24 July 2019
Malta warns that Emirate Coin Tech likely to be a scam
Emirate Coin Tech offers terms that seem oddly reminiscient of a Ponzi scheme.
Business 17 July 2019
Venezuelan investors sue $30M diamond-backed crypto Ponzi scheme
The Venezuelans are suing Argyle Coin, a cryptocurrency which purports to be backed by diamond reserves.
Business 10 July 2019
South African BTC Ponzi scheme admits it can’t compensate investors
Bitcoin Wallet, which by all apperances is an obvious Ponzi scheme, now surprisingly can’t pay back its investors.
Business 9 July 2019
Ponzi scheme victims take their anger out on Tron office
Protestors, and more than a few victims of the scheme, decided to take out their frustrations on a Tron office in the city of Beijing before police had to be called in to try to restore order.
Business 1 July 2019
OneCoin head denied bond, awaits trial behind bars
The alleged head of a Ponzi scheme was denied bail after the court deemed he has the resources and connections needed to run from the law.
Business 19 June 2019
CFTC to pursue defunct UK fraud crypto scheme firm, founder
The U.S. regulator is taking action against the now-defunct Control-Finance Limited and its director in connection with the alleged frauds.
Business 29 May 2019
Australian securities regulator warns investors against ‘scam’ OneCoin
The Australian Securities and Investment Commission warned the public in a notice that it suspected OneCoin “could be involved in a scam.”
Business 24 May 2019
SEC acts against yet another crypto Ponzi scheme in $26M fraud
California resident Daniel Pacheco is accused of selling unregistered securities through two companies, IPro Solutions LLC and IPro Network LLC.
Business 22 May 2019
$30M Ponzi scheme: SEC shutters dubious diamond-backed ICO
Argyle Coin and its principal Jose Angel Aman are alleged to have been engaged in the scam, under the guise of offering investors a new token backed by diamonds.
Business 3 May 2019
New Zealand church under fire for allegedly helping OneCoin scam
A Samoan church in New Zealand may have helped OneCoin workers convince hundreds in joining their Ponzi scheme.