Ponzi scheme Archives

Home

NY Court Granted Continuation For Legal Case Against Man Associated With OneCoin Ponzi Scheme

The New York Southern District Court has approved of a continuation status, regarding the legal case of David Pike, over his alleged connection with the OneCoin Ponzi scheme. Reported by the...

Natalie Wu | Dec 23, 2019 06:50

Bank of Ireland Execs Refused to Provide Testimony in OneCoin Scam Hearings

Bank of Ireland (BOI) members have reportedly denied attending the testimony with the US government, concerning criminal allegations of a 400-million-dollar crypto Ponzi scheme OnceCoin. Reported by...

Natalie Wu | Oct 13, 2019 10:24

Venezuelan Investors Sued Canadian Financial Commentator for Operating $30Mln Crypto Ponzi Scheme

A group of Venezuela-based investors have reportedly pressed charges to the Florida Federal Court, against Canadian investment radio operator Harold Seigel, for running a $30 million crypto ponzi...

Shannon Wilson | Jul 19, 2019 02:54

A Tron-like Ponzi Scheme Stole Millions from Investors, Angry Crowd Protested at Tron Beijing Office

After a Chinese ponzi scheme used a Tron-like name to attack Chinese crypto users, victims have gathered and protested at the Tron office in Beijing. As seen on Twitter via a viral video, police...

Brian Nguyen | Jul 10, 2019 03:25

Californian Scammer Charged with Conducting $26 Million Crypto Ponzi Scheme

The United States Securities and Exchange Commission (SEC) has reportedly pressed charges against a Californian man, who is believed to be running a multi-million dollar cryptocurrency Ponzi scheme....

Shannon Wilson | May 27, 2019 04:00

South Korea Uses AI to Cripple $18m Crypto Ponzi Scheme

In a case of fighting fire with fire by fighting technology with technology, South Korean authorities have used artificial intelligence (AI) to help nab 12 suspects for involvement in an elaborate...

Shannon Wilson | Apr 12, 2019 03:45