scheme
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Scams
Bank Employee Hijacks Dead Customer’s Account, Drains $105,000 in Morbid Money Scheme: DOJ
A former employee at a commercial bank in the US just pleaded guilty to draining $105,000 from a deceased customer’s…
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Scams
‘Head of Compliance’ at Infamous $4,000,000,000 OneCoin Crypto Scheme Sentenced to Four Years in Prison
A top executive of the fraudulent cryptocurrency scheme OneCoin will spend years behind bars for her role in the multi-level…
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Scams
$4,100,000 Crypto Fraud Scheme Promising Large Returns Busted in South Korea: Report
South Korean police have detained two individuals for allegedly running a fraudulent crypto-based scam. According to the South Korean news…
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Scams
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…
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Scams
Brother of ‘Cryptoqueen’ Responsible for $4,000,000,000 Scheme Released From US Prison: Report
The brother of the infamous “Cryptoqueen” fugitive has reportedly been released from a US prison for his role in the…
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Regulation
SEC Charges Founder of Online Crypto Course for Running $1,200,000 Fraud Scheme Targeting Students
The U.S. Securities and Exchange Commission (SEC) is taking legal action against Brian Sewell and his company Rockwell Capital Management…
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Scams
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…
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Scams
Former CEO Sentenced to Two Years Behind Bars for ‘Cherry-Picking’ Scheme Involving Crypto Futures Contracts
The former chief executive of an investment firm has been sentenced to two years in prison for a “cherry-picking” scheme…
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Scams
Miami Fraudster Sentenced to 63 Months in Prison for Duping Banks out of $4,000,000 in Crypto Scheme
The ringleader of a Miami-based crew that defrauded banks out of millions of dollars has been sentenced to over five…
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Blockchain
Critics decry Blast as the latest sketchy scheme on Ethereum
The newest Ethereum ‘layer 2,’ Blast, has amassed over $570 million worth of crypto assets from over 64,000 wallets. Blast…
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