#Ponzi Scheme

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#Ponzi Scheme

21 articles with this tag
Ex-Pastor Charged for $5.9M Crypto Fraud: CFTC Cracks Down on Ponzi Scheme

Ex-Pastor Charged for $5.9M Crypto Fraud: CFTC Cracks Down on Ponzi Scheme

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Former Pastor Charged in $5.9 Million Crypto Fraud Scheme A tale of betrayal and greed has unfolded with Francier Obando Pinillo, a former pastor, at its center. Charged by the US Commodity Futures Trading Commission (CFTC), Pinillo is accused of orchestrating a cryptocurrency pyramid scheme called “Solanofi,” swindling $5.9 million from his former congregants and […]

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