Ponzi Scheme
The Latest
-
Love & Hip Hop TV Star Maurice Fayne Gets 17 Years For Misuse Of PPP Loans
Fayne spent more than $5 million at a casino using PPP funds in Oklahoma, one report said. 
Fayne spent more than $5 million at a casino using PPP funds in Oklahoma, one report said. -
U.S. SEC Charges GBP Capital Holdings In $1.7 Billion Ponzi Scheme
GPB Capital Holdings defrauded investors using a Ponzi-like scheme. 
GPB Capital Holdings defrauded investors using a Ponzi-like scheme. -
Making A Splash: Alleged Ponzi Fraudster’s Underwater Getaway Sunk By FBI
Piercey has been indicted on 31 counts of wire fraud, money laundering, mail fraud and witness tampering. 
Piercey has been indicted on 31 counts of wire fraud, money laundering, mail fraud and witness tampering. -
PH Central Bank Directs Country's Finance Institutions To Monitor Ponzi Schemes
BSP issued Memorandum 2019-028 mandating BSFIs to take preventive actions versus Ponzi schemes 
BSP issued Memorandum 2019-028 mandating BSFIs to take preventive actions versus Ponzi schemes -
U.S. SEC Shuts Down Massive Real Estate Ponzi Scheme in Chicago
The U.S. Securities and Exchange Commission (SEC) has closed down Chicago-based real estate equity firms Equitybuild, Inc and Equitybuild Finance LLC for alllegedly defrauding investors out of more than $135 million over the past eight years. 
The U.S. Securities and Exchange Commission (SEC) has closed down Chicago-based real estate equity firms Equitybuild, Inc and Equitybuild Finance LLC for alllegedly defrauding investors out of more than $135 million over the past eight years.
