Vietnam Busts Multibillion-Dollar Paynet Coin Ponzi Scheme, 20 Arrested

Vietnamese authorities have dismantled what they described as the country’s largest crypto fraud to date, arresting…

HashFlare Founders Given Time Served For Crypto Ponzi

The founders of HashFlare, a crypto mining company behind a $577 million Ponzi scheme, have escaped…

Financial Advisor Indicted in $9.5M Ponzi Scheme Spanning Decades

A Northern California financial advisor faces 20 years in prison after being indicted in a fraud…

Former rugby player sentenced for $900,000 crypto Ponzi

Former rugby player Shane Donovan Moore was sentenced to two-and-a-half years in a US federal prison…

Two Individuals Liked to Crypto Ponzi Scheme, OmegaPro, Charged by U.S. DOJ

The U.S. Department of Justice (DOJ) has charged two individuals for their role in OmegaPro, a…

Marine Corps Veteran Charged in $2.5M Ponzi Scheme Targeting Fellow Military

A Marine Corps veteran defrauded dozens of investors (including several military members who served with him)…

Massachusetts Man to Plead Guilty in $3.2M Ponzi Scheme Targeting Haitians

A Massachusetts man fraudulently touting bona fides as an advisor will plead guilty to co-running a…

Advisor Pleads Guilty in $35M Ponzi Scheme

A self-proclaimed advisor who used an underwater scooter while attempting to flee federal investigators pleaded guilty…