ponzi scheme
The 'World's Biggest Cannabis Scam' Is Totally Unravelling
Hundreds of thousands of people from around the world are said to have invested in JuicyFields, a firm that pledged to connect online investors with cannabis farms. But now there are suspicions that it was a Ponzi scheme.
How BitConnect Became Cryptocurrency's Biggest Cautionary Tale
Before you invest everything you own in crypto, listen to the people who got scammed by this notorious Ponzi scheme.
The Wildest Parts of D-List Actor Zach Avery's Alleged Ponzi Scheme
He allegedly defrauded investors out of about $227 million, spending the money on trips to Vegas, a lavish house, and luxury goods.
'Let Him Rot in Hell': Bernie Madoff's Victims Are Not Here for His Plea to Get Out of Prison Early
The infamous Ponzi schemer is dying of kidney failure and hopes to get sympathy from a federal judge.
The Insane Tale of a Billionaire MLM Swindler Who Just Got Arrested in Indonesia
The story of Zhang Jian, a flamboyant fugitive who made a fortune by selling his own currency and other get rich quick schemes.
How to Steal £4 Million from a Singer and Almost Get Away With It
Alanis Morissette's ex-manager may be going to prison for mishandling her money—but he wouldn't be the first.
'Ponzi Wine Scheme' Fraudster Spent Investors' Money on Cars and Women
US District Judge James Donato called wine dealer John Fox’s financial ruse a “wine Ponzi scheme” after accepting his guilty plea for defrauding clients of $45 million worth of wine futures.
The VICE Morning Bulletin
At least two people were killed and 16 injured at a nightclub shooting in Fort Myers, Florida, Democratic Party chair Debbie Wasserman Schultz was forced to resign after DNC email hack, and more.
The Man Behind Bitcoin's $4.5 Million Ponzi Scheme Earns Lenient Sentence
Trendon Shavers lamented how he “royally messed up.”
A Spammer Sued by Facebook for $873M Is Seeking Redemption in Bitcoin
Adam Guerbuez went bankrupt, now he says he's turned a new leaf.
SEC Charges Bitcoin Startup CEO With Running a Ponzi Scheme
The charges relate to Garza’s cloud mining operations, one of his many business ventures over the years.
Investigating the Ponzi Scheme Film Producer Who Disappeared Without a Trace
Felix Vossen vanished in March of this year after swindling his friends and family out of millions of dollars. Now, the manhunt is on.