Hot News
HotNews No. 199: SEC Charges Two Companies in Alleged $130 Million Investment Fraud
A new enforcement action by the U.S. Securities and Exchange Commission (SEC) has brought attention to an alleged investment fraud scheme involving more than USD 130 million and tens of thousands of investors. On October 29, 2026, the SEC announced charges against BG...
HotNews No. 198: Over 1,400 Arrested and More Than $105 Million Recovered: Major International Crackdown on Online Fraud
For victims of investment and online fraud, one of the most difficult questions is whether they will ever see their money again. The latest results of the international police operation “Serengeti III” demonstrate that, despite the complexity of such schemes, tracing...
HotNews No. 197: NovaTech FX Promoter Fined $5.92 Million -Investment Fraud Liability Extends Beyond Scheme Organisers
When a major investment fraud scheme is exposed, public attention usually focuses on the company's founders and those who controlled investors' money. But what about the individuals who actively promoted such platforms, convinced others that the investments were safe,...
HotNews No. 196: Germany Recovers €10.1 Million from OneCoin Founder Ruja Ignatova – Victims May Now Seek Compensation
Nearly a decade after OneCoin founder Ruja Ignatova disappeared, German authorities have announced a significant development in one of the world's most notorious cryptocurrency fraud cases. On October 5, 2026, the Bielefeld Public Prosecutor's Office announced that it...
HotNews No. 195: $185 Million Pre-IPO Investment Scheme- Three “Boiler Room” Operators Sentenced to Prison
Three operators of a major pre-IPO investment scheme have been sentenced to federal prison after raising approximately $185 million from hundreds of investors through funds that promised access to shares in privately held companies expected to go public. On September...
HotNews No. 194: Brand Savage – New AI Branding MLM Raises Questions Over Pay-to-Play Model and AI Claims
A newly launched multi-level marketing company, Brand Savage, is attracting attention over its combination of AI-era branding services, high-priced participation packages and an MLM compensation structure in which earning potential increases according to the package...
HotNews No. 193: MTC Education’s Michael Sloggett Sentenced to 33 Months Over $2.61 Million Crypto Money Laundering Case
Michael Sloggett, a cryptocurrency promoter previously associated with MTC Education, has been sentenced to two years and nine months in prison in Australia over his involvement in transactions worth approximately $2.61 million connected with the crypto trading...
HotNews No. 192: Trevon James to Pay Nearly $2 Million in BitConnect SEC Case
More than five years after the U.S. Securities and Exchange Commission filed proceedings against several BitConnect promoters, another major part of the case has reached a conclusion. Trevon Brown, better known online as Trevon James, has been ordered to pay nearly $2...
HotNews No. 191: SEC Opens New Administrative Proceedings Against NewAge Years After Its Collapse
The U.S. Securities and Exchange Commission has initiated new administrative proceedings against NewAge, Inc., the former parent company of Ariix, years after the company entered bankruptcy. The latest action concerns NewAge's failure to maintain required periodic...