Law ❯ Crime ❯ Fraud ❯ Wire Fraud

Ponzi Scheme

Forsage Co-Founder Extradited to U.S., Pleads Not Guilty in Alleged $340 Million Crypto Ponzi

The prosecution tests whether smart contracts can protect promoters from fraud charges.

Goliath Ventures Files for Chapter 11 After CEO Arrest Over Alleged $328 Million Crypto Ponzi Scheme

PGI CEO Ramil Palafox Sentenced to 20 Years for $200 Million Bitcoin Ponzi Scheme