#Ponzi Scheme

Articles tagged with "Ponzi Scheme"

Back to all articles

#Ponzi Scheme

24 articles with this tag
Professional Gambler “Lord Lester” Jailed for £406K Cruise Scam Across 4 Continents

Professional Gambler “Lord Lester” Jailed for £406K Cruise Scam Across 4 Continents

Daily Feed

Professional Gambler “Lord Lester” Jailed for International Cruise Scam Richard Lester, a professional gambler from Luton known as “Lord Lester,” has been sentenced to five years in prison for a cruise vacation scam that defrauded 184 victims of over £406,000 across four continents. Richard Lester sentenced to five years for cruise scam 184 victims defrauded […]

Read Full Article
Las Vegas Man Faces 330 Years for $24M Crypto Ponzi Scheme

Las Vegas Man Faces 330 Years for $24M Crypto Ponzi Scheme

Daily Feed

Las Vegas Businessman Indicted for Alleged $24M Crypto Ponzi Scheme Brent Kovar, a 58-year-old Las Vegas businessman, has been indicted for orchestrating a $24 million cryptocurrency Ponzi scheme through his company, Profit Connect. Instead of mining gold, Kovar was digging his own grave with a shovel made of lies. Brent Kovar indicted for a $24 […]

Read Full Article
Crypto Fraudster Antonia Hernandez Gets 30 Months for $8.4M Forcount Ponzi Scheme

Crypto Fraudster Antonia Hernandez Gets 30 Months for $8.4M Forcount Ponzi Scheme

Daily Feed

Crypto Fraudster Antonia Hernandez Sentenced to 30 Months for Forcount Scam Antonia Perez Hernandez, a key figure in the notorious Forcount Ponzi scheme, has been sentenced to 30 months in prison by U.S. District Judge Analisa Torres. Hernandez pleaded guilty to conspiracy to commit wire fraud, part of a scam that defrauded investors of approximately […]

Read Full Article
Ex-Pastor Charged for $5.9M Crypto Fraud: CFTC Cracks Down on Ponzi Scheme

Ex-Pastor Charged for $5.9M Crypto Fraud: CFTC Cracks Down on Ponzi Scheme

Daily Feed

Former Pastor Charged in $5.9 Million Crypto Fraud Scheme A tale of betrayal and greed has unfolded with Francier Obando Pinillo, a former pastor, at its center. Charged by the US Commodity Futures Trading Commission (CFTC), Pinillo is accused of orchestrating a cryptocurrency pyramid scheme called “Solanofi,” swindling $5.9 million from his former congregants and […]

Read Full Article