$45 Million CoinDeal Scam: Man Faces Trial for Defrauding 10,000 Investors

Fraud investors out of $45 million Money was spent on cars and real estate The scam affected 10,000 people The man who participated in the scam goes on trial May 20</nbsp; The U.S. Department of Justice charges a 57-year-old man named B ...

Chinese Businessmen Arrested for Running Fictitious G|CLUBS and Himalayan Cryptocurrency Exchange Scam worth $1 Billion

US authorities have detained one of the masterminds behind the G|CLUBS club and the Himalayan Cryptocurrency Exchange, both of which have been exposed as fraudulent schemes worth approximately $1 billion. According to the US Attorney's Office, Miles Guo and Kin Ming Je, both Chinese businessmen, ...

US Department of Justice Charges Four Russians for Operating a $340 Million Pyramid Scheme

The Forsage investment platform, founded by four Russians, has been charged by the US Department of Justice for operating a pyramid scheme that has allegedly defrauded investors of $340 million. The accused individuals include Vladimir Okhotnikov, who used the pseudonym Lado, Olena Oblamskaya (al ...