Ponzy Scheme Scam
- All
- News
-
Businessman Raj Kundra's Properties Worth Nearly Rs 100 Crore Seized
The Enforcement Directorate (ED) has seized properties worth Rs. 97.79 crore belonging to Raj Kundra in probe linked to a Bitcoin Ponzi scam. Raj Kundra is the husband of actor Shilpa Shetty.
-
Private Planes, Luxury Hotels: Indian-American Man's Multi-Million Dollar Scam
An Indian-American has been indicted by a grand jury in a Ponzi scheme with the FBI urging victims of the investment adviser in Texas to come forward.
-
Actor Prakash Raj Summoned In Rs 100-Crore Ponzi Scam Linked To Jeweller
Actor Prakash Raj has been summoned by the Enforcement Directorate (ED) for questioning in an alleged Rs 100-crore Ponzi scheme linked to a jeweller.
-
Cryptocurrency Ponzi Scam Unearthed in Odisha, Head of ‘Yes World Crypto Token’ Arrested
The Economic Offences Wing (EOW) of Odisha has arrested the Country Head of "Yes World Crypto Token," namely Sandeep Choudhary (40) from Jaipur. Choudhary is a native of Rajasthan's Jhunjhunu. The case was registered on October 16 under sections 420, 467, 468, 471 and 120-B of the Indian Penal Code and sections 4, 5 and 6 of the Prize Chits and Mon...
-
4 Arrested From Kolkata By CBI In Rs 565-Crore Chit Fund Case
The Central Bureau of Investigation (CBI) has arrested a former deputy registrar of companies in Kolkata and three others in connection with its probe into a chit fund scam, an official of the agency said.
-
Crypto Pyramid Scheme Lands 11 in Trouble, SEC Alleges $300 Million Were Raised by Fraud
A total of 11 individuals in the US have been charged with whipping-up a crypto pyramid scheme, defrauding “millions of retailers”, and churning over $300 million (roughly Rs. 2,359 crore). Carolyn Welshhans, Acting Chief of the SEC’s Crypto Assets and Cyber Unit called Forsage a fraudulent pyramid scheme launched on a massive scale and aggre...
-
OneCoin Ponzi Scheme Mastermind Ruja Ignatova Added to FBI's Top Ten Most Wanted List
Ruja Ignatova, also known as the “missing Cryptoqueen”, has been placed on the FBI’s top ten most wanted list. The Bulgarian woman with German citizenship is wanted for her alleged role in running a cryptocurrency scam known as OneCoin.
-
OneCoin Ponzi Scheme Mastermind Ruja Ignatova Now in Europol's Most Wanted Criminal List
Ruja Ignatova, the founder of Ponzi scheme OneCoin, has been added to Europe’s list of most wanted fugitives as of Wednesday. Ignatova is known for being the founding head of OneCoin, one of the biggest scams in the history of crypto, and the basis of the BBC podcast series, titled The Missing Cryptoqueen.
-
BitConnect’s Indian-Origin Founder Indicted in US for Running $2.4-Billion Global Ponzi Scheme
The founder of now-defunct cryptocurrency investment platform BitConnect has been indicted by the US Department of Justice on charges of orchestrating a global ponzi scheme worth $2.4 billion (roughly Rs. 18,110 crore).
-
Assets Worth Rs 35.70 Crore Attached In Ponzi Scam Case In Bengaluru
Assets worth Rs 35.70 crore have been attached under the anti-money laundering law in connection with a probe into a Bengaluru-based ponzi scheme under which numerous people were allegedly duped, the Enforcement Directorate (ED) said.
-
Probe Agency Attaches Rs 112 Crore Worth Assets In Noida Bike Bot Scam
The Enforcement Directorate (ED) on Wednesday said it has attached assets of over Rs 112 crore in the Noida 'bike bot' ponzi scheme money laundering case.
-
Chinese Crypto Addresses Sent $2.2 Billion To Scams, Darknets In 2019-2021: Report
Chinese cryptocurrency addresses sent more than $2.2 billion worth of digital tokens to addresses tied to illegal activity like darknet operations.
-
CBI Searches Offices Of 3 SEBI Officials In West Bengal Ponzi Scam Case
The CBI on Monday carried out searches at the offices of three Securities and Exchange Board of India officials in connection with their alleged role in saving Saradha ponzi scheme operators, officials said.
-
Probe Agency Files Chargesheet In Multi-Crore Ponzi Scam That Duped Lakhs
The Enforcement Directorate (ED) has filed its first chargesheet in a money laundering case linked to an alleged multi-crore Ponzi scheme perpetrated in Telangana and few other states in 2018.
-
Assets Worth Rs 2.80 Crore Attached In Rajasthan Ponzi Case
The Enforcement Directorate (ED) has attached assets worth Rs 2.80 crore in connection with its money laundering probe linked to an alleged ponzi or chit fund scheme in Rajasthan.
-
Businessman Raj Kundra's Properties Worth Nearly Rs 100 Crore Seized
The Enforcement Directorate (ED) has seized properties worth Rs. 97.79 crore belonging to Raj Kundra in probe linked to a Bitcoin Ponzi scam. Raj Kundra is the husband of actor Shilpa Shetty.
-
Private Planes, Luxury Hotels: Indian-American Man's Multi-Million Dollar Scam
An Indian-American has been indicted by a grand jury in a Ponzi scheme with the FBI urging victims of the investment adviser in Texas to come forward.
-
Actor Prakash Raj Summoned In Rs 100-Crore Ponzi Scam Linked To Jeweller
Actor Prakash Raj has been summoned by the Enforcement Directorate (ED) for questioning in an alleged Rs 100-crore Ponzi scheme linked to a jeweller.
-
Cryptocurrency Ponzi Scam Unearthed in Odisha, Head of ‘Yes World Crypto Token’ Arrested
The Economic Offences Wing (EOW) of Odisha has arrested the Country Head of "Yes World Crypto Token," namely Sandeep Choudhary (40) from Jaipur. Choudhary is a native of Rajasthan's Jhunjhunu. The case was registered on October 16 under sections 420, 467, 468, 471 and 120-B of the Indian Penal Code and sections 4, 5 and 6 of the Prize Chits and Mon...
-
4 Arrested From Kolkata By CBI In Rs 565-Crore Chit Fund Case
The Central Bureau of Investigation (CBI) has arrested a former deputy registrar of companies in Kolkata and three others in connection with its probe into a chit fund scam, an official of the agency said.
-
Crypto Pyramid Scheme Lands 11 in Trouble, SEC Alleges $300 Million Were Raised by Fraud
A total of 11 individuals in the US have been charged with whipping-up a crypto pyramid scheme, defrauding “millions of retailers”, and churning over $300 million (roughly Rs. 2,359 crore). Carolyn Welshhans, Acting Chief of the SEC’s Crypto Assets and Cyber Unit called Forsage a fraudulent pyramid scheme launched on a massive scale and aggre...
-
OneCoin Ponzi Scheme Mastermind Ruja Ignatova Added to FBI's Top Ten Most Wanted List
Ruja Ignatova, also known as the “missing Cryptoqueen”, has been placed on the FBI’s top ten most wanted list. The Bulgarian woman with German citizenship is wanted for her alleged role in running a cryptocurrency scam known as OneCoin.
-
OneCoin Ponzi Scheme Mastermind Ruja Ignatova Now in Europol's Most Wanted Criminal List
Ruja Ignatova, the founder of Ponzi scheme OneCoin, has been added to Europe’s list of most wanted fugitives as of Wednesday. Ignatova is known for being the founding head of OneCoin, one of the biggest scams in the history of crypto, and the basis of the BBC podcast series, titled The Missing Cryptoqueen.
-
BitConnect’s Indian-Origin Founder Indicted in US for Running $2.4-Billion Global Ponzi Scheme
The founder of now-defunct cryptocurrency investment platform BitConnect has been indicted by the US Department of Justice on charges of orchestrating a global ponzi scheme worth $2.4 billion (roughly Rs. 18,110 crore).
-
Assets Worth Rs 35.70 Crore Attached In Ponzi Scam Case In Bengaluru
Assets worth Rs 35.70 crore have been attached under the anti-money laundering law in connection with a probe into a Bengaluru-based ponzi scheme under which numerous people were allegedly duped, the Enforcement Directorate (ED) said.
-
Probe Agency Attaches Rs 112 Crore Worth Assets In Noida Bike Bot Scam
The Enforcement Directorate (ED) on Wednesday said it has attached assets of over Rs 112 crore in the Noida 'bike bot' ponzi scheme money laundering case.
-
Chinese Crypto Addresses Sent $2.2 Billion To Scams, Darknets In 2019-2021: Report
Chinese cryptocurrency addresses sent more than $2.2 billion worth of digital tokens to addresses tied to illegal activity like darknet operations.
-
CBI Searches Offices Of 3 SEBI Officials In West Bengal Ponzi Scam Case
The CBI on Monday carried out searches at the offices of three Securities and Exchange Board of India officials in connection with their alleged role in saving Saradha ponzi scheme operators, officials said.
-
Probe Agency Files Chargesheet In Multi-Crore Ponzi Scam That Duped Lakhs
The Enforcement Directorate (ED) has filed its first chargesheet in a money laundering case linked to an alleged multi-crore Ponzi scheme perpetrated in Telangana and few other states in 2018.
-
Assets Worth Rs 2.80 Crore Attached In Rajasthan Ponzi Case
The Enforcement Directorate (ED) has attached assets worth Rs 2.80 crore in connection with its money laundering probe linked to an alleged ponzi or chit fund scheme in Rajasthan.
