Latest News for: ponzi

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Pearls Group owner’s son-in-law Hayer held in ₹48,000 crore Ponzi scheme

Hindustan Times 22 Mar 2025
... Singh Bhangoo, owner of the Pearls Group, was arrested on Friday under the Prevention of Money Laundering Act (PMLA) for his alleged role in a Ponzi scheme involving over ₹48,000 crore, police said.
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A Model of Charles Ponzi (Federal Reserve Bank of Chicago)

Public Technologies 21 Mar 2025
Charles Ponzi ... A Model of Charles Ponzi* ... We develop a model of Ponzi schemes with asymmetric information to study Ponzi frauds ... The model identifies when a Ponzi fraud can occur and what interventions can prevent it ... Ponzi's Original Scheme.
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Belgium National and Utah Business Owner Charged After Allegedly Running a $5M Ponzi Scheme (United States Attorney's Office for the District of Utah)

Public Technologies 20 Mar 2025
Belgium National and Utah Business Owner Charged After Allegedly Running a $5M Ponzi Scheme ... of K & K Strategies is facing federal charges after he allegedly operated a $5 million Ponzi scheme.
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Crypto Ponzi Schemes vs. Legit Investments: How to Spot and Avoid Cryptocurrency Scams

BitRSS 19 Mar 2025
Learn how to identify crypto Ponzi schemes and avoid cryptocurrency scams. Discover red flags, common fraud tactics, and key signs of legitimate investments ... .
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Robert Kiyosaki Warns of Market Collapse, Calls Financial System a Ponzi Scheme

Crypto News 19 Mar 2025
... warns of a market crash, calling the financial system a Ponzi scheme.
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POINT-COUNTERPOINT: Social Security 'Ponzi scheme' not sustainable

The Ada News 18 Mar 2025
When we wrote about Social Security a few months ago, I made the observation that the program is structured like a Ponzi scheme. I even quoted the definition used by the U.S. Securities and Exchange Commission. "A Ponzi scheme is ... .
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Ex-NFL player sentenced to prison for $5M Ponzi scheme

Cleveland 18 Mar 2025
LOS ANGELES -- Former NFL linebacker John Robert Leake has been sentenced to 2 � years in federal prison for running a ponzi scheme in which he defrauded victims out of more than $5 million ....
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BHI Trust Ponzi fraud accused walk free — for now

Mail Guardian South Africa 17 Mar 2025
The state has provisionally dropped charges against Michael Haldane and Sona Pillay but investors could seek private prosecution ... Subscribe. Subscription enables ... ....
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'Ponzi scheme' claims struck from fraud lawsuit involving Camperdown project in Greenville

The Post and Courier 17 Mar 2025
A lawsuit claiming that the financier of the Camperdown development duped investors was partially rejected by a judge, who ordered the plaintiffs to remove the phrase “Ponzi scheme” from their complaint ... .
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'All the stages of grief': Investors speak out about B.C. Ponzi nightmare

CBC 16 Mar 2025
Greg Martel disappeared in 2023 when his financial house of cards began collapsing under the weight of lawsuits brought by angry investors wanting their money back ... .
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What is a Ponzi scheme? Here's why DOGE is coming for popular federal program. | Opinion

Sheboygan Press 16 Mar 2025
In 1920, Charles Ponzi's "get-rich-quick" scheme started out small and legal ... Ponzi was quickly flooded with would-be investors; that's when he realized he needn't bother with postal coupons, or any real asset.
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