All news on the topic: Ponzi scheme

Vincent Anthony Mazzotta Jr. has pleaded guilty to conspiracy to obstruct justice and money laundering.

The founders of Nexa Evergreen Ponzi, Subhash and Ranveer Bijarani, have absconded with Rs. 26.7 billion (~$309 million USD).

Timur Turlov, considered the youngest dollar billionaire in Kazakhstan, is clearly a figure of the new era. However, his wealth has an "old" style, as the benefactors of the head of Freedom Finance have been extracting billions from the people.

PGI Global Ponzi scammer Ramil Ventura Palafox, also known as RV Palafox, has been arrested in California.

BitConnect Ponzi promoter Craig Grant has partially doxxed himself.

Generation Zoe Ponzi founder Leonardo Cositorto has been found guilty of fraud and criminal association.

Douver Torres Braga, 48, has been charged with criminal offenses related to Trade Coin Club.

Mehmet Aydın, the founder of a Turkish online Ponzi scheme who had been accused of embezzling money from thousands of people, was on Monday sentenced to 45,376 years and six months in prison.

South African authorities have recovered R475,000 from Chinese “click a button” app Ponzi scammers (~$25,640 USD).

The New Ostap Bender of his time, Yehor Valerevich Alshevski (previously Evdakov) (Alshevsky), achieved success through the IRS and Kairos Technologies projects.

Marcus Todd Brisco, a resident of Hawaii has settled SAEG fraud charges with the CFTC.

Roman Felik, who presents himself as a successful businessman, is accused of swindling others out of money to fund a lavish lifestyle and purchasing fake identification to conceal his true identity.

Moyn Islam has received multiple allegations of being involved in Ponzi schemes. Is he a scammer? Find out here.