Posts tagged with: "Ponzi"
Results 1721 - 1740
of 5,487
Sorted by Relevance
|
Sort by Date
12 Jun 2024, 2:00 am
PARTICIPATED IN A $9.5 MM CRYPTOCURRENCY PONZI SCHEMEA disbarred attorney, DK (85) of Beverly Hills, California, pleaded guilty on May 28, 2024, to operating a cryptocurrency Ponzi scheme which ended up defrauding victims out of $9.5 million.Along with some co-conspirators, DK purported falsely promised investors “guaranteed high-yield profits” and the use of AI to trade in the cryptocurrency markets. [read post]
26 Jul 2013, 2:45 pm
SEC Says Texas Man Operated Bitcoin Ponzi SchemeRegulators have cracked down on an alleged Ponzi scheme involving the virtual currency bitcoin as they issue a more general warning about the dangers of such scams for investors. [read post]
29 Apr 2014, 4:45 pm
Some of it was cash payments on high-interest personal loans they made to friends and associates, including a convicted Ponzi schemer.Testifying for the couple, Raiza Robaina blamed many of the problems on mistakes by the couple's accountant. [read post]
3 Aug 2009, 7:34 am
As blogged about on Tuesday, The SEC put a stop to a $50 million-dollar Ponzi scheme that targeted the elderly near Detroit. [read post]
6 May 2009, 9:57 pm
Magistrate releases admitted Ponzi-schemer to luxurious private jail . . . [read post]
18 Jan 2017, 2:09 pm
Prosecutors allege that Platinum Defendants collectively engaged in one of the largest investment frauds since Bernie Maddoff’s elaborate Ponzi scheme was uncovered in 2008. [read post]
30 Jan 2010, 8:27 pm
Why are multi-level marketing pyramids and financial ponzis able to ensnare so many people today? [read post]
18 Jan 2017, 2:09 pm
Prosecutors allege that Platinum Defendants collectively engaged in one of the largest investment frauds since Bernie Maddoff’s elaborate Ponzi scheme was uncovered in 2008. [read post]
2 Jun 2023, 4:05 pm
Rui Yuan Chua (National University of Singapore (NUS), Faculty of Law) has posted The Aftermath of a Ponzi Scheme: Stanford International Bank Ltd (in liquidation) v HSBC Bank plc [2022] UKSC 34 (LMCLQ 218, Forthcoming) on SSRN. [read post]
4 Dec 2010, 7:07 pm
A delay in funding for the Securities & Exchange Commission whistleblower program means that investors will continue to lose millions through undetected ponzi schemes and other securities fraud.Citing "budget uncertainty" the agency said that the functions the whistleblower office would have assumed will be temporarily assigned to existing staff within the Division of Enforcement.The new Dodd-Frank financial overhaul law requires the SEC to write more than 100 new rules and… [read post]
2 Jun 2011, 9:19 am
The New York Times had an interesting article about the impact of the Madoff ponzi scheme on divorce cases. [read post]
27 Jan 2010, 9:24 am
Of course we knew it was coming, but disbarred Fort Lauderdale attorney Scott Rothstein, architect of a $1.2 billion Ponzi scheme selling phony interests in settlements in employment and civil cases, pled guilty today in the U.S. [read post]
18 Apr 2012, 6:00 am
Ten more articles from the Mortgage Fraud Blog for April 17, 2012.Mortgage Fraud Blog - Perp Walk - 10 new articles In This Issue... 10 Charged in $10M Mortgage Fraud Scam Lawyer/Clergyman Convicted of Real Estate Ponzi Scheme New Jersey Woman Sentenced for Mortgage Fraud Scam Developer Continues Misleading Conduct Even Up To Sentencing Home Builder Sentenced for Builder Bailout Scam Mortgage Foreclosure Scams up 60% Real Estate Agent and Straw Borrower Sentenced for Fraud Woman… [read post]
18 Jan 2012, 1:52 pm
Here's Curt Anderson on what happened:A federal jury decided Wednesday that Toronto-based TD Bank owes an investment group $67 million for its role in a $1.2 billion Ponzi scheme that was operated by a now disbarred attorney, Scott Rothstein.The verdict came in a lawsuit filed by Coquina Investments, based in Corpus Christi, Texas. [read post]
7 Jun 2010, 12:51 pm
Starr is accused of orchestrating and running a $30 million Ponzi Scheme in which he used investor money to furnish his lavish lifestyle. [read post]
22 Sep 2010, 6:01 am
Irma Jeudy, Alix Charles, and Albertha Frederic were arrested last Friday for their involvement in an investment fraud, stemming from a Ponzi scheme targeting Haitian Americans. [read post]
2 Dec 2009, 1:54 pm
As described here, the biggest investigation to come from the OIG this year was with respect to the Bernard Madoff Ponzi Scheme, but the Report also details several ongoing internal investigations. [read post]
27 Dec 2008, 10:32 am
Today's New York Times carries an interesting analysis of the Jewish charities and philanthropists that were victims of the Bernard Madoff fraudulent Ponzi scheme. [read post]
3 Nov 2009, 11:53 pm
But he is selling structured settlements that don't exist.'' Miami Herald "Federal authorities on Monday stepped up their criminal investigation into Rothstein, 47, who is suspected of operating a Ponzi scheme by selling hundreds of millions of dollars in fabricated legal settlements to investors". [read post]
15 Oct 2021, 7:28 am
Corvia defrauded his clients through a Ponzi scheme. [read post]
