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Ponzi scheme
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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7 Things We Wish Someone Had Told Us Before We Started Trading
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Ensuring Your Account Security with T4Trade
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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Ponzi Scheme
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Regulation
Operator of Bitcoin, Binary Options Scam Slammed with $1.9 Million Penalty
2018-07-23T20:55:21.000+02:00
A Colorado businessman and his UK-registered company defrauded at least 600 customers of more than $1.1 million.
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Founders of Turkey’s 'National Cryptocurrency' Arrested For Ponzi Scheme
2018-07-04T19:24:53.000+02:00
The altcoin began functioning in October 2017, and its operators are supposed to have duped investors of TRY100 million.
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Turkish “National” Crypto Coin Founders Steal Millions from Investors
2018-06-19T13:22:25.000+02:00
The business model of the coin has close resemblance with Ponzi schemes.
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FCA Exposes Ponzi Scheme Gainmax Capital
2018-03-19T22:42:10.000+02:00
Gainmax Capital claims that clients who invest bigger amounts will get bigger returns.
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US Authorities Halt Activities of Four Alleged Cryptocurrency Fraudsters
2018-03-16T21:59:03.000+02:00
The victims were to get back their principal after a few days and turn a payment of $100 into $80,000.
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Forex Scam Worth Millions Busted in Malaysia by Local Police
2018-02-16T00:07:05.000+02:00
A classic Ponzi Scheme promised unrealistic guaranteed returns from a website offshore
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CFTC Files Charges of $1.1 Million Binary Options Fraud Against Bitcoin Dealer
2018-01-19T18:20:23.000+02:00
If convicted, Dean could serve up to 20 years in prison.
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Cryptocurrency Could Be Big Ponzi Scheme, Warns India’s Finance Minister
2017-12-29T18:25:02.000+02:00
Cryptocurrencies aren’t ‘legal tender’ in India and they don’t have government authorisation.
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South Korea Arrests Seven Men Involved in Bitcoin Ponzi Scheme
2017-11-22T17:53:51.000+02:00
The scam, which ran from 2015, resulted in 3,900 investors losing $38 million between them.
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SEC Charges Michael Scronic with Scamming 45 Investors Out of $20 Million
2017-10-05T22:18:05.000+02:00
Scronic made a series of materially false claims to lure investors interested in his investment vehicle.
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Group of Investors File Charges against Greek Madoff and Defunct US Broker
2017-08-30T16:00:25.000+02:00
A similar case filed in the UK has not yielded any results for the plaintiffs.
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FT Calls Bitcoin a Pyramid Scheme on the Cryptocurrency's 8th Birthday
2017-01-04T09:52:02.000+02:00
As expected, the $1000 price brings mainstream media attention to bitcoin, not all of it good.
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Regulation
CWM's Mastermind Anthony Constantinou Jailed for Sexual Assault
2016-12-02T10:33:27.000+02:00
Constantinou has been given a 12 month prison sentence for sexually assaulting two women.
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Former CBOE Member Fined $21.8m for Fraudulent Activities in Ponzi Scheme
2016-12-01T14:23:42.000+02:00
Wilkinson fraudulently solicited $11 million from investors claiming he would trade financial instruments on their behalf.
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Wall Street Executive Caspersen Gets Four-Year Jail Sentence for $38m Fraud
2016-11-04T23:59:25.000+02:00
Andrew Caspersen has received a prison sentence for his part in a Ponzi scheme to defraud investors.
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BCSC Issues $15m Penalty against Fraudulent Ponzi Scheme Operator
2016-08-24T10:55:58.000+02:00
The BCSC has banned and fined Thomas A Williams and the Global Group of Companies for misconduct.
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Regulation
Perpetrator of Forex Fraud Scheme Worth $6m Arrested in Florida
2016-08-03T21:28:07.000+02:00
The criminal complaint charges Fadi Ewiess with wire fraud and carries a maximum term of imprisonment of 20 years.
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