Showing 1 - 10 of 11
Chinese fraudster’s luxury life on the run ends in UK jail
Reuters, Published on 12/11/2025
» LONDON - As Chinese police closed in on the architect of a massive Ponzi scheme that cost thousands their life savings, a woman in her mid-40s was taken by an accomplice to the Myanmar border on a moped to begin nearly seven years on the run.
Montenegro to extradite crypto entrepreneur Do Kwon to US
AFP, Published on 28/12/2024
» BELGRADE - Montenegro said Friday it will extradite to the United States the South Korean cryptocurrency specialist Do Kwon, who is also wanted by Seoul for the multi-billion-dollar bankruptcy of his company, Terraform Labs.
Global cannabis-linked Ponzi scheme busted
News Agencies, Published on 13/04/2024
» An international police operation has arrested a gang that defrauded 645 million euros ($685 million) from victims in 35 countries in a scam centred around growing medicinal cannabis.
US sports stars named in lawsuit over FTX's deceptive practices
AFP, Published on 17/11/2022
» NEW YORK - High-profile US sports stars and personalities have been named in a lawsuit over deceptive practices targeting investors who became victims of the stunning collapse of cryptocurrency exchange FTX.
Ponzi schemer Bernie Madoff dead in prison
AFP, Published on 14/04/2021
» NEW YORK - Bernie Madoff, the mastermind behind the worst financial scam in history, died in jail at age 82 on Wednesday, US prison officials said.
Regulators must impose more stiff sanctions in dirty money fightback: analysts
AFP, Published on 24/09/2020
» LONDON - Financial regulators must impose more heavy penalties to combat money laundering, experts argue, after an international journalism investigation alleged that astronomical amounts of dirty cash has been flowing for years through some top global banks.
Fraudster Madoff is dying, wants out of prison: lawyer
AFP, Published on 06/02/2020
» WASHINGTON - Bernie Madoff, jailed in the United States for perpetrating the world's largest fraud, is terminally ill and wants to leave prison to die, his attorney said Wednesday.
'Ordinary white man'? Picture of NZ accused emerges
AFP, Published on 16/03/2019
» CHRISTCHURCH: A one-time gym trainer from rural Australia who became steeped in neo-fascist ideology during travels in Europe, Brenton Tarrant described himself as an "ordinary white man" -- until he became anything but ordinary.
Ukraine separatists hold polls in defiance of West
AFP, Published on 11/11/2018
» DONETSK (UKRAINE) - Kremlin-backed separatists in eastern Ukraine on Sunday hold elections after the assassination of a top rebel leader despite Western calls on Moscow not to sabotage peace talks.
Cryptocurrency bitcoin marks 10 years
AFP, Published on 23/10/2018
» LONDON - October 31, 2008 marked the birth of bitcoin. Ten years on, the world's first cryptocurrency is at the forefront of a complex financial system viewed warily by markets and investors.