FINRA – Milldpress

Prosecutors Bring Charges Over Massive Ponzi Scheme

admin5543 months ago08 mins

A police mug shot of Italian-born American swindler Charles Ponzi (1882 – 1949) after his arrest for forgery under the name of Charles Bianchi, Montreal, Canada, 1909. Ponzi later served 14 years in jail in the US after the collapse of his fraudulent investment scheme, whereby early investors were paid from the investments of later…

Pastor Indicted For Cryptocurrency Scam He Claims God Told Him To Do

admin5544 months ago07 mins

Crypto scam warning symbol on digital binary code background. Cybersecurity and fraud prevention concept for design and print getty Affinity fraud is the name of the type of fraud where people put undeserved trust in someone offering an investment opportunity because that person is “someone like me.” Affinity fraud works because people trust other people…