A Ponzi scheme is a fraudulent and illegal business practice where people are scammed into

-based company that allegedly ran a ponzi scheme and diverted Rs 1, 786 crore worth of public funds

Farage called for a crackdown on what he called a private sector pension' Ponzi scheme'.... We

" I will be cooperating with the receiver and federal authorities and ask that everyone allow the receiver time to sort things out and do his best to repair the damage I created.... Anyone who believes they have information about the matter can file a complaint at tips. fbi. gov." On Friday, a judge in Georgia entered an order freezing the defendants' assets, among other measures.... The SEC said the defendants had consented to the move" without admitting or denying the allegations in the comp

An actor who made up HBO and Netflix movie deals to land$ 650m( ￡480m) from investors in a Ponzi

She won the case on appeal in a 2-1 split decision on Aug 7. The SureWin4U scheme was founded by

ISLAMABAD: The Supreme Court has held that the Companies Act 2017 and Securities and Exchange Commission of Pakistan( SECP) Act 1997 do not take precedence over the National Accountability Ordinance( NAO), unless the offences of cheating or dishonestly inducing public at large are also punishable under these acts. The observation came while the court was deciding a bail plea of Saifur Rehman Khan, chief executive officer( CEO) of the B4U Investment Company that, according to NAB findings, had de

Lyrics to a song written for Santillo boasted that “ King Perry ” wears a"$ 10, 000 suit everywhere he rides.” Several of Santillo's victims testified at his sentencing Thursday.... Some had lost hundreds of thousands of dollars in retirement savings.In a letter to the court, Santillo expressed regret and said he is “ haunted by the devastation I have caused to so many.... He has yet to be sentenced in that case....

The Union government on Tuesday prohibited entities such as Amway from promoting a pyramid scheme

everyone’s talking about Thank you!... They said Hisham’s level of involvement in the scheme was