by Broker Fraud | Oct 21, 2024 | Ponzi Scheme, Securities Fraud
SEC Charges Drive Planning LLC and its Founder with $300M Ponzi Scheme A Ponzi scheme is defined as an investment scam that promises a high rate of return with little risk to the investor and is one where early investors are paid with money taken from later investors...
by Broker Fraud | Sep 10, 2024 | Ponzi Scheme, Securities Fraud
SEC Charges Adam Brothers, GCZ Global and Triten Financial Group with a $60 Million Ponzi Scheme The U.S. Securities and Exchange Commission halted another alleged Ponzi scheme, this one perpetrated by two brothers who lured investors with the promise of up to a 13.5...
by Broker Fraud | Oct 25, 2023 | Ponzi Scheme, Securities Fraud
Podcast Host Cash Flow King Charged by SEC with Operating a Ponzi Scheme A podcast is similar to a radio talk show program but it is distributed in the form of a digital audio file that can be downloaded from the internet to a computer or mobile device. Podcasts are...
by Broker Fraud | Nov 30, 2021 | Ponzi Scheme, Securities Fraud
Affinity fraud occurs when a thief targets members of an identifiable group, like a religious group, senior citizens or an ethnic community, and then relies on his or her connection with members of the group to perpetrate investment fraud.1 Affinity scams very often...
by Broker Fraud | Jan 31, 2020 | Investment Fraud, Ponzi Scheme
The legal recreational marijuana industry is in its infancy in Michigan, but so far it appears to be a booming business. In the first two weeks of December 2019 just a few licensed retail shops grossed more than $3 million in sales and the projections by state budget...
by Broker Fraud | Jun 4, 2019 | Investment Fraud, Ponzi Scheme
A multi-million dollar pyramid scheme involving e-commerce lessons and cryptocurrency results in an SEC injunction They thought they were getting an education in how to start an e-commerce business, but many of the 20,000 people who subscribed to IPro, and its clever...
