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Two charged for roles in massive cattle Ponzi scheme
2021-05-13 20:16:00| Beef
Defendants raised more than $650 million from investors, who lost tens of millions of dollars.
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scheme
massive
roles
FinCEN Files: HSBC moved Ponzi scheme millions despite warning
2020-09-20 19:00:10| BBC News | Business | UK Edition
The transfers took place after officials were told of the $80m fraud, the secret files reveal.
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PwC sued over 'Ponzi scheme' audits
2018-12-21 16:53:42| BBC News | Business | UK Edition
The global accountancy giant was negligent over Guernsey 'Ponzi scheme' work, court papers claim.
CEO in Real Estate Ponzi Scheme Fined $120 Million by SEC
2018-11-02 16:30:06| National Real Estate Investor
Robert Shapiro, the former Chief Executive Officer of the Woodbridge Group of Companies, promised returns of as high as 10 percent from investments in developers who flipped luxury real estate but instead their cash flowed into a web of related companies that Shapiro controlled, the SEC said.
Korean Banks Sue Newegg, Allege Massive Fraud, Classic Ponzi Scheme
2017-10-24 15:00:43| Extremetech
A major lawsuit claims Newegg, ASI Corp, engaged in fraudulent transactions and built a major Ponzi scheme, defrauding four South Korean banks in the process. The post Korean Banks Sue Newegg, Allege Massive Fraud, ‘Classic Ponzi Scheme’ appeared first on ExtremeTech.
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