One of those is Ramil Ventura Palafox, who today was sentenced to a full 20 years in federal prison by a Virginia court for running a BTC Ponzi scheme worth $201 million. The enterprise ran from ...

The CEO of an alleged fake AI company has been indicted on various charges in a $1 million Ponzi scheme. Xiao Hu, a.k.a. Mark ...

The feds are catching up with Tai Lopez, a self-help guru who created a doomed retail empire of faded brands like RadioShack ...

Georgia Secretary of State Opens Investigation into Borrower(s) of the First Liberty Ponzi scheme. Investors in Global ...

A $200 million bitcoin Ponzi scheme that ripped off more than 90,000 investors worldwide has landed its CEO behind bars for 20 years in Virginia. Ramil Ventura Palafox, 61, a dual citizen of the ...

Matthew Campbell, 43, of Fresno, pleaded guilty Monday to wire fraud in connection with a $9 million real estate investment fraud scheme, U.S. Attorney Eric Grant announced. According to court ...

A US federal judge in Virginia sentenced the chief executive of Praetorian Group International to 20 years in prison for running a $200 million cryptocurrency investment scheme that defrauded tens of ...

The Georgia Secretary of State’s office has formally opened an investigation into a company linked to the First Liberty Ponzi ...

The SEC said the alleged did not invest client funds as represented and instead misappropriated the proceeds, including making $940,000 in Ponzi-like payments and spending nearly $3.2 million on ...

Money flowed to insiders, not crypto exchanges. Court says banks owe no duty to non-customers. A federal appeals court just told over 150 investors who lost $33 million in a crypto scam that their ...

Authorities already suspected that Galles, 59, made few legitimate investments and instead ran his firm — Tyche Asset ...