Scheme
- Cryptocurrency
California Man Admits To Orchestrating ‘Ponzi-Like’ Scheme, Draining $39,000,000 From Financial Institutions
California Man Sentenced to Prison for $39M Bank Fraud Scheme A California man has been sentenced to prison for a…
Read More » - US News
Former Democratic mayor of state capital city pleads guilty for role in six-figure real estate bribery scheme
Chokwe Antar Lumumba, the former mayor of Jackson, Mississippi, has recently pleaded guilty to one count of conspiracy in connection…
Read More » - Business
Red Lobster’s disastrous ‘Endless Shrimp’ deal was owner’s scheme to squeeze profits: lawsuit
The Scheme Behind Red Lobster’s “Endless Shrimp” Deal The $20 “Endless Shrimp” deal that ultimately led Red Lobster into bankruptcy…
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$75 million Medicaid fraud scheme paid for luxury cars, jewels, and a Lake Michigan yacht named ‘Butt Nekkid’
Federal prosecutors have uncovered a massive Medicaid fraud scheme orchestrated by the owner of an Oak Lawn methadone clinic, Daniel…
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Husband-Wife Duo Admits To Orchestrating $1,000,000 Bank Fraud Home Theft Scheme in California
Mexican Couple Admits to Fraudulently Selling Southern California Homes A Mexican couple has confessed to committing fraud by selling Southern…
Read More » - Cryptocurrency
Tennessee Gubernatorial Candidate Indicted Over Alleged $1,900,000 Crypto Ponzi Scheme
An independent candidate for Governor of Tennessee is currently facing serious legal trouble. Misam M. Abidi, aged 47, has been…
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Alleged Fraudster Orchestrates $12,500,000 Crypto Trading Scheme, Uses Funds for Ponzi-Like Payments and Personal Expenses: SEC
The U.S. Securities and Exchange Commission (SEC) has taken legal action against a Texas resident for his alleged involvement in…
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CEO of Publicly Traded Firm Falsifies and Fabricates Bank Records in $212,000,000 Investment Fraud Scheme: DOJ
The ex-CEO of a publicly traded healthcare services company has been handed a five-year prison sentence for his involvement in…
Read More » - 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
Shady ex-HOA president pleads guilty in $11M Miami fraud scheme
Former Hammocks Community Association president, Marglli Gallego, and her husband, Jose Antonio Gonzalez, recently confessed to their involvement in a…
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