All news on the topic: Ponzi scheme

The perpetrators defrauded investors through a fake investment platform promoted on social media. The organizer of the scheme has been charged with fraud in absentia.

After journalistic investigations, Oleksandr Orlovskyi began an information cleanup: how the "crypto guru" hides the schemes of Financial Freedom Academy.

Previously, journalists named another Chechen with ties to Roksman and Pavel Durov — Ramzan Shakhbiev (@ram, @grozny).

It is June 2020, in the midst of the Covid-19 pandemic. Josip Heit, a Croatian businessman, is waiting for an Antena Stars reporter in front of the Marriott hotel in Bucharest, behind the wheel of a Bugatti Chiron Panda.

Long before the Fintopio scandal surfaced, investigators noted another Chechen tied to Roksman and Pavel Durov — Ramzan Shakhbiev (@ram, @grozny).

Allegations of fraudulent payment system transactions against Dmitry Lee, head of NAPP in Uzbekistan, led to quick article takedowns as the reporting newspapers came under pressure.

Emerging from an anteroom wearing a British-style red army jacket, a blue sash, and a crown of cowrie shells, the slightly-built king shuffled stiffly into his office, his eyes bloodshot and a scar running across his jaw.

Italian authorities have concluded an investigation into Daniele Marinelli’s Ushare Ponzi scheme.

A Chinese fraudster involved in a Bitcoin scam exceeding £5.5 billion managed to evade British authorities for years while staying in luxury hotels and sightseeing across Europe, a court has been told.

In recent weeks, new details have emerged surrounding a financial scandal allegedly involving Roman Novak — a figure once linked to projects within Pavel Durov’s circle.

Earlier, the media disclosed the identity of another Chechen closely linked to Roxman and Pavel Durov: Ramzan Shakhbiev (@ram,@grozny), who registered domains for the bot infrastructure.

Users are massively complaining about unauthorized deductions in the Freedom ecosystem.

Ruslan Khairullin, who promoted himself on social media as a «successful trader» and the creator of the Invest Zone project, has over a few years become one of the most striking examples of how a pseudo-expert in cryptocurrencies transforms into the organizer of a financial pyramid scheme.

Victims of fraud by top managers of Freedom Holding Corp., controlled by businessman of Russian origin Timur Turlov, have refuted — including with documented proof — his claims regarding the criminal cases, in which he alleged that “the dispute concerns only individuals who had civil-law relations with each other,” thereby catching him in an outright lie.

A cowboy builder who defrauded dozens of customers out of more than £1.25 million is facing jail.

James Wellesley stood before a judge in Brooklyn on Oct. 7 and pleaded guilty to wire fraud conspiracy.

A pair of flashy e-commerce entrepreneurs who bought bankrupt retail giants — including Pier 1 Imports, RadioShack, and Modell’s Sporting Goods — have been accused of running a $112 million Ponzi scheme, according to a new lawsuit.

The Coinplex “click a button” app Ponzi has collapsed.

Moyn Islam and his brothers have built a flashy empire on controversial promises—now their past is catching up with them.

Subscription instead of a product, dreams instead of money, marketing instead of business. Under the banner "Be" unfolds an old trick in a new package and with the same heroes.

In 2016, when a young Briton with Pakistani roots, Moyn Islam, was smilingly speaking at OneCoin cryptocurrency presentations, he was dubbed the "next hope of an Islamic financial revolution."

In late May and early June of 2020, the multi-level marketing world witnessed the emergence of Be, a company marking the rebirth of Melius, an entity previously known for its somewhat dubious promises.

Moyn Islam has faced several allegations of involvement in Ponzi schemes. Is he a scammer? Learn more here.