Norway Indicts Four Men in $80 Million Crypto Scam, Promising the Moon but Delivering Hot Air Four men charged in Norway for $80 million Ponzi scheme Global multi-level marketing network used to deceive victims Crypto and fake investments used to lure victims Funds laundered to top networkers and backers Norway’s economic crime authority, Økokrim, has […]
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Professional Gambler “Lord Lester” Jailed for International Cruise Scam Richard Lester, a professional gambler from Luton known as “Lord Lester,” has been sentenced to five years in prison for a cruise vacation scam that defrauded 184 victims of over £406,000 across four continents. Richard Lester sentenced to five years for cruise scam 184 victims defrauded […]
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Las Vegas Businessman Indicted for Alleged $24M Crypto Ponzi Scheme Brent Kovar, a 58-year-old Las Vegas businessman, has been indicted for orchestrating a $24 million cryptocurrency Ponzi scheme through his company, Profit Connect. Instead of mining gold, Kovar was digging his own grave with a shovel made of lies. Brent Kovar indicted for a $24 […]
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Crypto Fraudster Antonia Hernandez Sentenced to 30 Months for Forcount Scam Antonia Perez Hernandez, a key figure in the notorious Forcount Ponzi scheme, has been sentenced to 30 months in prison by U.S. District Judge Analisa Torres. Hernandez pleaded guilty to conspiracy to commit wire fraud, part of a scam that defrauded investors of approximately […]
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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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