For 16 months, a fraudulent platform called Verily HK posed as an AI-powered health technology company, deliberately mimicking the branding of Alphabet's legitimate Verily Life Sciences to attract investors. By ...
Investors filed a class action lawsuit against JPMorgan on March 10, 2026, alleging the bank facilitated a $328 million Ponzi scheme operated by Goliath Ventures. According to federal prosecutors, CEO ...
India's Enforcement Directorate has arrested two men accused of kidnapping BitConnect associates and extorting 2,254 bitcoin, 11,000 litecoin, and ₹14.5 crore in cash during the fallout from one of cryptocurrency's ...
A Chinese national who fled her country with tens of thousands of Bitcoin now worth over $6 billion faces up to 14 years in prison for orchestrating a crypto Ponzi ...
A 60-year-old executive, Ramil Ventura Palafox, has pleaded guilty in U.S. federal court to orchestrating a crypto Ponzi scheme that defrauded over 90,000 global investors. Prosecutors said Palafox, a dual ...
A federal judge in New York has ordered Eddy Alexandre, founder of the collapsed trading platform EminiFX, to pay more than $228 million in restitution after ruling the company was ...
Vincent Anthony Mazzotta Jr., a key player in a sophisticated crypto Ponzi scheme that defrauded investors of $13 million, pleaded guilty this week to money laundering and obstruction charges. The California man ...
A crypto ponzi scheme has once again rocked the digital asset world, as authorities sentenced Dwayne Golden for orchestrating a $40 million Ponzi scheme in Pennsylvania. The Department of Justice ...
The United States Securities and Exchange Commission (SEC) has charged two brothers for orchestrating a $60 million crypto Ponzi scheme that promised investors sky-high returns through a fictitious trading bot. ...
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