Scams

Finland begins criminal investigation into OneCoin
Scams

Finland begins criminal investigation into OneCoin

One year after shelving its investigations, Finland is finally investigating OneCoin on a criminal basis. According to a local report, Österbotten’s police department is investigating financial crime that has links with the cryptovalutry of Onecoin. The report said: Onecoin as a phenomenon came to Ostrobothnia sometime in 2015. It was […]

American court issues price fixing charges against Zaappaaz
Scams

American court issues price fixing charges against Zaappaaz

An American Court in the District of Texas Houston has released details of eCommerce price-fixing charges against Zaappaaz Inc. Zaappaaz Inc., Wrist-Band.com, and Customlanyard.net were accused of fixing conspiracy consisted of a continuing agreement, understanding, and concert of action among the Defendant and its co-conspirators, the primary purpose of which […]

NNPC raises fraud alert on crude oil allocation letter scams
Scams

NNPC raises fraud alert on crude oil allocation letter scams

The Nigerian National Petroleum Corporation has raised a scam alert on crude oil allocation letter scams perpetrated to defraud unsuspecting business men. Alerting the general public to the scam, the NNPC’s Group Managing Director, Dr. Maikanti Baru, said the activities of the international fraudsters had created an unnecessary distraction for […]

Christopher Angeles, Custom Wristband Inc plead guilty price fixing
Scams

Christopher Angeles, Custom Wristband Inc plead guilty price fixing

eCommerce company, Custom Wristbands Inc. and its top executive Christopher Angeles have agreed to plead guilty for conspiring to fix prices for customized promotional products sold online to customers in the United States. Custom Wristbands owns eCommerce assets such as Kulayful Silicone Bracelets, Kulayful.com, Speedywristbands.com, Promotionalbands.com, Wristbandcreation.com and 1inchbracelets.com Acting […]

This is why The Billion Coin is a Ponzi scam
Scams

This is why The Billion Coin is a Ponzi scam

In case you are already involved in this scheme, The Billion Coin is a Ponzi scheme and it is in no way similar to Bitcoin, Ethereum and any other genuine digital currency. For some months now, one company called Semic International Limited had floated the Nigerian arm of The Billion […]