Ponzi
- Cryptocurrency
$400,000,000 Seized From Crypto Ponzi Scheme Now Available To Compensate Victims, Says DOJ
The US Justice Department has announced that funds are now available for compensating victims of the AirBit Club Ponzi scheme.…
Read More » - US News
$328 million Ponzi scheme uncovered leading to Florida man arrest
A Florida man has been arrested on federal charges related to an alleged cryptocurrency “Ponzi scheme” that defrauded investors of…
Read More » - Cryptocurrency
California Man Allegedly Masterminds $37,000,000 Ponzi Scheme, Draining Trove of Cash From More than 100 Victims’ Bank Accounts: SEC
The U.S. Securities and Exchange Commission (SEC) has filed a civil complaint against Satish Appalakutty and his companies, Lorven Funds…
Read More » - Money
Guilty plea in $380 million Ponzi scheme, feds say
Georgia Financial Adviser Pleads Guilty to $380 Million Ponzi Scheme Atlanta— Todd Burkhalter, a financial adviser based in Georgia, has…
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Buyers of Radio Shack, Pier 1 Imports and other brands accused of running $112 million Ponzi scheme
A scandal has rocked the e-commerce world as a pair of entrepreneurs, Alex Mehr and Tai Lopez, founders of Retail…
Read More » - US News
Owners of Radio Shack, Pier 1 Imports and other brands accused by SEC of operating $112 million Ponzi scheme
A dynamic duo of e-commerce entrepreneurs, Alex Mehr and Tai Lopez, who made headlines for acquiring struggling retail giants like…
Read More » - Money
Social Security: Flawed from the Start and Ponzi versus Stocks
It is clear that the flaws in the Social Security system were present from the very beginning. President Franklin D.…
Read More » - Money
Social Security Is a Ponzi Scheme
Social Security has been a hot topic of debate for many years, with some arguing that the current system is…
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