by admin | Jul 28, 2023 | Hot News
A Ponzi scheme is a fraudulent investment scam that promises high returns with little or no risk to investors. It operates by paying returns to earlier investors using the capital of newer investors rather than generating legitimate profits from investments or...
by admin | Jul 21, 2023 | Hot News
Eddy Alexandre defrauded tens of thousands of ordinary investors of almost a quarter-billion dollars in his cryptocurrency investment scam. EminiFX was an MLM crypto Ponzi scheme launched in late 2021. The Ponzi scheme pitched weekly returns to investors,...
by admin | Jul 14, 2023 | Hot News
An online purchase scam involves deceptive practices conducted through the internet, targeting individuals and businesses who make purchases or payments for products or services that either don’t exist or differ significantly from what was promised. These scams...
by admin | Jul 7, 2023 | Hot News
Fake financial institution or banking scams involve fraudulent activities where scammers impersonate legitimate banks or financial institutions to deceive individuals and obtain their confidential financial information. These scams often take the form of phishing...
by admin | Jun 16, 2023 | Hot News
The “Phantom Investment Scam” is a sophisticated online fraud that plays on the hopes and aspirations of individuals seeking lucrative investment opportunities. This deceptive scheme begins with enticing advertisements or persuasive communication from...
by admin | Jun 9, 2023 | Hot News
In his speech on June 8th at the Piper Sandler Global Exchange & Fintech Conference, the Chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler, drew a comparison between the current state of the cryptocurrency market and the American...
