Ponzi

A real estate–focused social media influencer, or “finfluencer,” who promised his followers huge profits and financial freedom has learned his fate after pleading guilty to tax and wire fraud. Tyler…

“If you have never found yourself in a situation where your life does a complete 180, it’s wrong to talk down to anyone.”

Key Highlights Spanish authorities arrested the mastermind, Álvaro Romillo Castillo, known as CryptoSpain, for running a €260 million Ponzi scheme  The scheme, known as Madeira Invest Club, promised high, guaranteed…

Key Takeaways A South Korean man ran a $60 million Ponzi scheme targeting over 2,200 investors under the guise of AI and crypto businesses. The scam promised 300% returns and…