He claimed that USFIA extracted amber and other gemstones from non-existent mines it “owned” in the United States, the Dominican…
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The CFTC orders Venture Capital Investments to pay $900K in a digital asset and Forex Ponzi Scheme
The order stems from a complaint against VCI filed on 14 February 2020. The court established that the defendants fraudulently…
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CFTC charges ten people in a $4.75 million forex Ponzi scheme
According to the US watchdog, from February 2013 to present, the defendants accepted $4.75 million from more than 150 victims….
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US regulators charge three companies and their principals in a $28 million Ponzi scheme
The complaints allege that between 2017 and 2020, approximately 1,200 contributed around $28 million the 1st Million Pool. The defendants…
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Bitcoin tumbles below $7,000 as a new massive Ponzi scheme emerges
The “people’s currency” is yet again experiencing lows and this time the reason may be a very serious one. It’s…
Read MoreSEC stops Ponzi scheme targeting seniors and small business owners
The SEC has just filed an emergency action against a $6 million Ponzi scheme that targets seniors and small business…
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Lawyer for OneCoin Ponzi Scheme on trial for $400 million scam
The largest Ponzi scheme in the crypto world, as Leaprate reported not long ago, is OneCoin. While there are many…
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Bitcoin Boo-Birds on the fly – Is it time to debunk “BTC is a Ponzi” myth?
Bitcoin is finally in a bit of a correction mode, down some $1,500 after attacking the $9,000 level, but a…
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Woodbridge Group of Companies LLC and former owner Robert H. Shapiro fined $1B
The Securities and Exchange Commission (SEC) has announced that a federal court in Florida has fined Woodbridge Group of Companies…
Read MoreBlue Star Trading and owner charged with ongoing forex and commodity fraud
The Commodity Futures Trading Commission (CFTC) has just announced that it has filed a complaint against Dro Kholamian and his company,…
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