Search Results | Showing 31 - 40 of 59 results for "Ponzi" |
| | ... a surge in popular interest in cryptocurrency. Now, most investment scams involve cryptocurrency and modern versions of Ponzi schemes. "Investment scams have become the scam category with the highest reported losses to Scamwatch, with over $61 million ... |
| | | ... argued, are not as liquid as they seem. "It's been an easy and cheap investment for a long time; it's a bit like a Ponzi scheme, the more money that comes in, the more it looks like a good idea," he said. "I think what you will find is that if ... |
| | | A California-based couple has been charged by the US Securities and Exchange Commission for allegedly running a Ponzi scheme worth just under $1.5 billion (USD$1billion). The SEC has charged Jeffery and Paulette Carpoff with violating antifraud provisions ... |
| | | ... out purported profit distributions to some investors. The SEC referred to the way in which some investors were paid as a "Ponzi-like fashion". "As alleged in our complaint, Griffithe and Russell exploited popular interest in the cannabis industry to ... |
| | | ... restraining order and asset freeze against Courtright. It is alleging that The Income Store was, for all intents and purposes, a Ponzi scheme. The scheme apparently raised about US $75 million for more than 500 investors. Courtright and his company promised ... |
| | | ... August of this year former financial adviser Dawn Bennett was sentenced to 20 years in prison for running a $30 million Ponzi scheme. She defrauded 46 retirees out of their life savings between 2014 and 2017, believing they were investing in luxury sportswear ... |
| | | Small business owners and seniors in Florida have been the victim of a tropical themed Ponzi scheme that is now under investigation by the US Securities and Exchange Commission. The SEC announced that it has filed an emergency action and obtained a ... |
| | | A New York investment adviser named Ruless Pierre allegedly operated a Ponzi scheme that unlawfully obtained more than $2 million from investors who were told they'd see returns of 20% every two months. Part of the scheme, known as the Amongst Friends ... |
| | | ... week sentenced to 20 years in federal prison for her conviction on 17 charges relating to a $29.3 million (US$20 million) Ponzi scheme. In October 2018, Bennett was found guilty of conspiracy, securities fraud, wire fraud, bank fraud and making false ... |
| | | A ponzi scheme run by a 22-year old out of a college fraternity house in the United States has copped the regulator's ire. Syed Arhan Arbab collected more than $269,000 from at least eight college students, recent graduates, or their family members ... |
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