OneCoin
Posted in Latest Scams

Konstantin Ignatova pleads not guilty to $1.2 billion OneCoin fraud

There are new developments on the trial of Konstantin Ignatova, the acclaimed CEO of OneCoin…

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Posted in Ponzi Scheme

SEC issues scam alert on Loom Ponzi scheme

The Nigerian Securities and Exchange Commission, SEC, has issued formal warning on Loom Money Nigeria,…

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Loom
Posted in Latest Scams

On the road to jail? Derek Loom’s Loom Ponzi scheme gains massive popularity in Nigeria

For many Nigerians who are into Loom Ponzi scheme, they rarely know the man/woman behind…

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Dascoin
Posted in Ponzi Scheme

Nigeria nabs Swissgolden Ponzi scheme promoters, recovers N216 million

It might be an end of the road for three Swissgolden promoters as Nigeria’s anti-graft…

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Ponzi Schemes
Posted in Ponzi Scheme

U.S Sec raises fraud alert on Ponzi schemes targeting seniors

The SEC’s Office of Investor Education and Advocacy (OIEA) and Retail Strategy Task Force are…

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ISC Bank
Posted in Latest Scams

German financial regulator alerts investors on Goldex Resources shares

BaFin, Germany top financial regulator said it is raising an alert over buy recommendations on…

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Ponzi Schemes
Posted in Scams

Prodeum ICO turns out a scam, owners leaves ‘penis’ on blank website

The menace of fraudulent initial coin offerings seems to be larger than we think. Prodeum,…

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AIM Global
Posted in Scams

Investors lose over $2.4 million as Benebit ICO turns out to be a scam

Hundreds and if not thousands of token investors are counting their losses as Benebit, an…

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OneCoin
Posted in Ponzi Scheme

Is this the end of the road? Bulgaria clamps down on OneCoin Ponzi scheme

At the end of the day, the ‘chicken might have come home to roost’ for…

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Petrofac
Posted in Scams

Mahoning Judge, Diane Vettori-Caraballo charged for stealing USD96,200 from client

A Mahoning County judge, Diane Vettori-Caraballo was charged in federal court with stealing at least…

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