Laxaro

View the latest news and breaking news today

fake cryptocurrency ponzi scheme lands creator in prison - Search

fake cryptocurrency ponzi scheme lands creator in prison Searched from official sources arount the web with simple content and resource link From any languages in different countries.



fake-cryptocurrency ponzi scheme lands creator in prison




enlargeyu chun christopher wong/s3studio/getty imagesshare this storya man who, according to federal authorities, ran a fake cryptocurrency ponzi scheme and pleaded guilty last year to one count of wire fraud is now headed to prison.on thursday, homero joshua garza, also known as josh garza, has no...



bitconnect, a bitcoin exchange long accused of being a ponzi scheme, is shutting




bitconnect, a cryptocurrency exchange with a dubious reputation, announced on tuesday that it was closing down its lending and trading platform. citing bad press, two cease-and-desist letters from the texas and north carolina securities authorities on the basis that it lacks the proper registration,...



watch john oliver explain bitcoin using chicken mcnuggets and beanie babies




on sunday, john oliver used the main segment on last week tonight to deliver his skeptical take on cryptocurrency, a sector that was almost begging for a takedown from hbo’s resident skeptic. like many of oliver’s targets, the world of cryptocurrency is a complex, jargon-heavy space that not man...



man who bilked $100m in ponzi scheme escapes federal prison




(seattle) — a washington state man who bilked investors out of more than $100 million in a ponzi scheme has escaped from a federal prison in central california, according to the u.s. marshals service.prison officials said frederick darren berg, 55, was discovered missing wednesday from a minimum-s...



amit bhardwaj: the mastermind behind bitcoin ponzi scheme




amit bhardwaj, the mastermind behind one of the largest bitcoin ponzi schemes in india, was arrested this week. the 35-year-old had been actively marketing his scheme since 2015, before it came to the notice of the authorities. several investors were lured to his ponzi schemes, which promised handso...



longmont man defrauded investors of $1.1m in bitcoin ponzi scheme, feds charge




a longmont man has been charged by the federal government with running a bitcoin-based ponzi scheme, defrauding hundreds of investors for $1.1 milliondillon dean and his company the entrepreneurs headquarters (teh) were formally charged by the u.s. commodity futures trading commission (cftc) last we...



longmont-based man charged by feds in bitcoin ponzi scheme




a longmont man has been charged by the federal government with running a bitcoin-based ponzi scheme, defrauding hundreds of investors for $1.1 milliondillon dean and his company the entrepreneurs headquarters (teh) were formally charged by the u.s. commodity futures trading commission (cftc) last we...



govt warns against investing in bitcoin, calls it ponzi scheme




the centre on friday warned people against investing in virtual currencies, including bitcoin, saying there are like ponzi schemes.the government, however, did not issue any measure to curb bitcoin's trade.anecdotal evidence suggests close to a billion dollar equivalent of rupee currency has gone in...



the rise of cryptocurrency ponzi schemes




scammers are making big money off people who want in on the latest digital gold rush but don’t understand how the technology works.



enforcement directorate registers case against gainbitcoin




the enforcement directorate (ed) has registered a case against bitcoin-based investment website gainbitcoin, founder amit bhardwaj and eight other persons under the prevention of money laundering act. the charge is cheating about 8,000 investors of about rs 20 billion in maharashtra, said an ed offi...



best tv shows and movies on netflix right now




what to watchin this week's netflix selections, a family struggles to survive during an alien occupation of los angeles and other cities around the world. everybody love raymond creator phil rosenthal travels the world trying different foods. finally, in a film based on a true story, band leader jan...



if i had no loot




$6 million: that's how much real money the commodity futures trading commission alleges that my big coin pay, purveyors of the my big coin cryptocurrency, managed to bilk from its victims in a brazen ponzi scheme before getting caught by the feds.$0: that's how much cryptocurrency trading site robin...



bitcoin leaves elite haters behind as it hits $10,000 again




enlarge/ a visual representation of bitcoin is displayed in front of the coinbase cryptocurrency exchange website on february 12, 2018 in paris.chesnot / getty imagesshare this storyafter a recent dip down below $7,000, the price of bitcoin has now jumped to over $10,000 again, according to trading ...



new york ticket broker pleads guilty to 'hamilton' ponzi scheme




a ticket reseller on long island man has admitted to running a multimillion-dollar ponzi scheme that defrauded victims of more than $60 million. federal prosecutors say 45-year-old jason nissen, of roslyn, pleaded guilty on wednesday to wire fraud before u.s. district judge paul engelmayer in manhat...



sonny and cher's former house at center of alleged ponzi scheme




two years. that’s all it took for luxury brokerage firm mercer vine to establish itself as a major player in l.a.’s cutthroat luxury real estate market. eight-figure listings. pedigreed listings like marilyn monroe’s former home in brentwood. the 55-agent boutique brokerage even claimed it had...



bitcoin and cryptocurrency for n00bs




credit: cc0 public domaineveryone is talking about it, but no one actually understands it. read this and impress your friends by explaining bitcoin. in a restaurant the other night, i overheard an older couple talking about how their son had made a whole bunch of money with this "new fake online cur...



india wants to collect taxes from its cryptocurrency investors




meanwhile, the indian government has issued repeated warnings labeling digital currency investments "ponzi schemes," amidst a backdrop of police complaints from hundreds of investors of fraudulent transactions. the tax department's notice asks those dealing in cryptocurrency (such as ethereum and ri...



bitcoin’s success is drawing more attention to the shadiest parts of the cryptoc




cryptocurrency scams are still thriving, but they’re attracting more attention, multiple reports over the last week suggest. the shadiness cited demonstrates the power of misinformation in a sector crowded by everyday investors eager to make a quick fortune. regulators are making their initial mov...



leader of ponzi scheme run through first american monetary consultants in boulde




memphis, tenn. — larry bates told listeners of christian broadcast programs that they should buy gold and silver coins to give them financial protection during a supposedly looming religious and economic collapse termed "mystery babylon."trusting bates' status as a former tennessee lawmaker and be...



the president is a ponzi scheme




how can you ban a grandparent from coming to us? court deals blow to trumpbusiness standardin the us and abroad, trump's wealthy backers understand that his populist rhetoric is a masqueradejohn feffer | fpic  last updated at september 8, 2017 13:27 isthttp://mybs.in/2uyl2ki



watch out for fake google play apps that will steal from ethereum holders




a fake myetherwallet app has been spotted in the google play store.the app makes users type in their private key after the app is installed.there’s no word yet on if google will try to remove this app, and similar ones, from the play store.unless you have been living under a rock for the past fe...



kodak’s bitcoin mining scheme collapses




the technology company behind kodak’s cryptocurrency mining scheme has confirmed that the project has collapsed. see related kodak launching own cryptocurrency for photographersbitcoin: why did its value skyrocket?spotlite usa had demonstrated kodak-branded computers capable of solving complex a...



alleged 'hamilton' ponzi schemer gets plea deal after accusing government of mis




joseph meli, accused of running a hamilton pyramid scheme, has accepted a plea bargain that has the ticket broker pleading guilty to one count of securities fraud. five other charges related to the pyramid scheme have been dismissed. the development comes just days after meli's attorneys at kasowitz...



india rejects cryptocurrency, but it isn't giving up on blockchain




india officially will not treat cryptocurrencies as legal tender and will try to stop their use in payments, according to a bloomberg report. this isn't unexpected, given how the country sent tens of thousands of tax notices out after realizing virtual currencies are making $315 million worth of tra...



man behind india's $4 smartphone has been arrested




+5,753 ashley king feb 24th, 2017the man behind the $4 smartphone in india has been arrested on allegations of fraud, with some analysts calling the phone a classic ponzi scheme. mohit goel introduced the freedom 251 phone for pre-sale last year in february priced at only 250 rupees, or about $3.70 ...