In brief
A man has been indicted in an alleged cross-border fraud scheme.
Authorities traced and seized $7.1 million in crypto, with assets moving through U.S. banks, offshore accounts, and at least…
In brief
Shane Donovan Moore, a former semi-pro rugby player, was sentenced to 30 months in prison for defrauding over 40 investors out of $900,000 through a fake crypto mining scheme.
Moore…
In brief
Federal prosecutors have charged two OmegaPro executives with running a $650 million crypto scam masked as a forex investment platform.
The pair allegedly used lavish events and false promises of…
New
Zealand's Financial Markets Authority (FMA) issued a warning Tuesday about a
phone-based investment scam that uses fake economic surveys to target victims
before directing them to fraudulent trading platforms, including CFDs.New Zealand…
The U.S. Department of Justice (DOJ) has charged two individuals for their role in OmegaPro, a crypto and investment ponzi scheme which defrauded investors of over $650 million.Michael Shannon Sims,…
The US has charged two men, alleging they operated and promoted a crypto investment scheme called OmegaPro that defrauded investors out of over $650 million.The Department of Justice said on…
In brief
The FBI has charged a Baldwinsville, NY man with wire fraud and money laundering over an alleged scheme to launder funds from scams into Bitcoin.
Tushal Rathod is accused of…
A newly unsealed complaint from bankrupt crypto lender Genesis reveals internal communications at its parent company, Digital Currency Group (DCG), suggested executives were aware of financial mismanagement and looming legal…
Australia’s markets regulator has banned a financial adviser from offering financial services for 10 years, alleging she deceptively invested her clients’ money into a crypto platform listed as a possible…
In brief
ASIC has banned Glenda Rogan for ten years after she allegedly transferred $9.6 million from clients to a crypto investment scam.
Funds were sent to "Financial Centre," a UK platform…