Founder of crypto ‘Ponzi’ scheme’ IcomTech sentenced to 10 years in prison
David Carmona was the “mastermind” behind IcomTech’s “Ponzi scheme," which netted an estimated $8.4 million from victims. Source link
Tag: Ponzi
JPMorgan Chase ‘Knowingly Assisted’ $119,000,000 Ponzi Scheme, New Lawsuit Alleges
Banking giant JPMorgan Chase is accused of knowingly enabling an alleged Ponzi scheme targeting retail investors. Plaintiff David Stapleton alleges ...
Judge labels 2 obscure altcoins as commodities in $120M Ponzi case
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labeling two altcoins, OHM ...
Juan Tacuri Pleads Guilty in $8.4 Million Forcount Crypto Ponzi Scheme
Juan Tacuri, 46, of Greenacres, Florida, a senior promoter behind the Forcount cryptocurrency Ponzi scheme, has pleaded guilty to conspiracy ...
The Bitcoin Ponzi Scheme Paradox
"Ponzi scheme" has become a byword for all manner of financial frauds and monetary scams. When a rapid six month ...
US DOJ Indicts Manhattan Man on Fraud Charges Related to $43,000,000 Fake Crypto Ponzi Scheme
The U.S. Department of Justice (DOJ) has just announced the indictment of a New York man who allegedly ran a ...
Alleged $300,000,000 Crypto Ponzi Scheme in Texas Targeted by SEC As 17 Individuals Face Charges
US authorities have charged 17 people for their alleged involvement in a multi-million-dollar crypto Ponzi scheme. In a new press ...
US SEC Charges 17 in $300M Crypto Ponzi Scheme
The United States Securities and Exchange Commission (SEC) has charged 17 individuals for allegedly perpetrating a cryptocurrency Ponzi scheme that ...
DOJ Charges Founder and Top Promoters of Alleged $1,890,000,000 Crypto Ponzi Scheme That Promised High Returns
The U.S. Department of Justice (DOJ) has slapped three individuals with criminal charges related to their alleged involvement in a ...
Ripple is a Ponzi Scheme, SEC Will Kill XRP
Distinguished Bitcoin proponent and permabull Max Keiser has taken to Twitter to bash Ripple as soon as once more. Keiser, ...