Ponzi, cryptocurrency

Two men plead guilty for orchestrating $577M crypto Ponzi scheme
Sergei Potapenko and Ivan Turõgin, both 40, agreed to forfeit more than $400 million as part of their guilty pleas, per the Department of Justice.
Dead Taneytown teacher accused of ‘Ponzi scheme’ has more than $23,000 in cryptocurrency, Sun found
The Taneytown teacher who police say died by suicide last week has at least $23,000 sitting in various cryptocurrency wallets, The Baltimore Sun found.
Accusations Against Las Vegas Man For Operating $24 Million Crypto-Linked Ponzi Scheme
A resident of Las Vegas is facing charges related to his involvement in a cryptocurrency-linked artificial intelligence Ponzi scheme. The individual
Feds allege Las Vegas man bilked investors of $24M in ponzi scheme
A Las Vegas business owner made his first appearance in court Thursday for what investigators are calling a cryptocurrency fraud scheme that bilked hundreds of people out of close to $24 million. According to a U.
Las Vegas businessman faces 330 years in $24M crypto Ponzi scheme
Brent C. Kovar, 58, the owner of a Las Vegas-based company, has been indicted on charges related to a $24 million cryptocurrency Ponzi scheme.Kovar made his in
Vegas business owner indicted for allegedly running cryptocurrency Ponzi scheme
A Las Vegas business owner has been indicted after the DOJ says he was running a cryptocurrency Ponzi scheme. They say 58-year-old Brent Kovar misrepresented that his company was a profitable, up and running AI company that mined cryptocurrency,
How far would a wife go to keep $2M Ponzi scheme a secret?
Pharmacist Natalie Cochran killed her husband Michael with an insulin injection so he wouldn't learn about $2 million Ponzi ...
Will former Copley coach Mark Dente face charges for his alleged Ponzi scheme? Here's an update
Former Copley basketball coach Mark Dente is accused of operating a Ponzi scheme that bilked hundreds of investors. Will he ...
Investors say Taneytown teacher found dead defrauded them in Ponzi scheme
The Sun spoke with investors from Maryland and Pennsylvania, alleging a widespread, massive Ponzi scheme. They alone gave ...
Indianapolis fraudster behind multi-million dollar real estate Ponzi scheme sentenced
Indianapolis real estate fraudster Bert Whalen duped investors into buying run-down homes with a promise to fix them up and ...
Pharmacist gets ‘no mercy’ punishment for murdering her husband — so he wouldn’t find out about her $2M Ponzi scheme
Natalie Cochran ran a $2 million Ponzi scheme by posing as a government contractor and defrauding investors out of millions ...
Cryptopolitan on MSN1d
Two Estonian nationals plead guilty in $577 million crypto HashFlare Ponzi scheme
The Estonian pair also founded another venture called Polybius in 2017, a virtual currency bank that promised to pay ...
The Daily Hodl2d
Ponzi Scheme Mastermind Sentenced To 45,376 Years in Prison Over $131,000,000 ‘Farm Bank’ Scam
The creator of a mobile gaming app that was later deemed to be a Ponzi scheme has been sentenced to many lifetimes in prison.
CoinDesk1d
HashFlare Co-Founders Plead Guilty in $577M Crypto Mining Ponzi Scheme
Yesterday, both men pleaded guilty to one count each of conspiracy to commit wire fraud, which carries a maximum sentence of ...
Cryptopolitan on MSN1d
Klarna Bank CEO says bank is exploring crypto after calling it ‘decentralized Ponzi scheme’
Klarna Bank, a Swedish fintech company known for its Buy Now, Pay Later service plans to embrace cryptocurrency after ...