Showing 1 - 10 of 20
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.
Philippines shuts schools, suspends forex trading due to Storm Trami
Reuters, Published on 23/10/2024
» MANILA: The Philippines has suspended government work and shut schools, and its central bank halted foreign currency trading due to Tropical Storm Trami, which was barreling in towards the east coast of the country's main island of Luzon.
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.
Bitcoin surges above $42,000 after Tesla discloses investment
Bloomberg News, Published on 08/02/2021
» Bitcoin surged to an all-time high after Telsa Inc said it’s invested $1.5 billion and will begin accepting the cryptocurrency as a form of payment.
Virtual gold? Bitcoin's rise sparks new debate amid pandemic
AFP, Published on 08/11/2020
» LONDON - Bitcoin's rally above $15,000 has reignited debate over whether the cryptocurrency is so-called digital gold or a perilously risky bet as investors grapple with the coronavirus pandemic.
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.