Sentences with phrase «dollar ponzi»

BitConnect was revealed to be nothing more than a billion - dollar Ponzi scheme, something many experts, including Litecoin founder Charlie Lee and Ethereum founder Vitalik Buterin, had warned.

Similarly, the UFun billion - dollar Ponzi scheme managed to lure over 14,000 investors from Thailand, Malaysia, Indonesia and China before Thai and Chinese authorities began a crackdown on the people behind the scam.

From multimillion - dollar Ponzi schemes to small - time frauds, Konnikova pulls together a selection of fascinating stories to demonstrate what all cons share in common, drawing on scientific, dramatic, and psychological perspectives.

Chasing Madoff DVD Review by Kam Williams DVD Chronicles Whistleblower's Effort to Expose Madoff Ponzi Scheme By the time Bernie Madoff was finally arrested in December of 2008, Harry Markopolos had already been trying to expose his investment firm as a billion - dollar Ponzi scheme for years.

On May 27, 2010, Stein was indicted and arrested for lying about his involvement during the investigation of the multimillion - dollar Ponzi scheme involving Ken Starr, a financial advisor to various Hollywood celebrities.

Prior to the election, DioGuardi was linked to a $ 1.7 Billion Dollar Ponzi by the SEC.

A few years before that, another outfit called Muddy Waters Research alleged Canadian firm Sino - Forest Corp. was «a multi-billion dollar Ponzi scheme.»

Not exact matches

Ponzi schemes were named for Charles Ponzi, a man who raised millions of dollars from investors in a stamp scheme, but in fact was just paying early investors with money raised from later investors.

The island's own government borrowed billions of dollars to pay its bills, a practice that Puerto Rico's current governor, Ricardo Rosselló, now calls «a big Ponzi scheme.»

I suspect the Chinese and Russian see Trump as their only chance to unwind the Ponzi dollar without risking nuclear war with the Deep State.

Also, seniors have more wealth accumulated so a mistake can cost them tens of thousands of dollars, if not their life savings. No wonder scam artists and the Ponzi set tend to target people who are 50 - plus.

The largest Ponzi scheme ever was run by Bernie Madoff's scheme who stole $ 20 Billion dollars from more than 16,000 people including sophisticated investors and brokers.

Five years and several million dollars later, a New York art collector claims in court that the sculptor Jeff Koons and the Gagosian Gallery are running a «garden - variety» fraud with all the hallmarks of a Ponzi scheme.

Stay tuned for more wasted billions dollars on a super corrupt PONZI scheme that won't change the temp, co2 levels or climate by a jot.

Keeping the Madoff assets cost the husband millions of dollars, however, when Madoff was revealed to be running a massive Ponzi scheme in late 2008.

Obtained dismissal of a regional bank from a multi-district class action for hundreds of millions of dollars in an alleged Ponzi scheme.

She has a record of success, including obtaining a complete dismissal, prior to discovery, in a multi-district class action claiming damages of hundreds of millions of dollars resulting from an alleged Ponzi scheme.

Client investigated on suspicion that he played an integral role in a complex «Ponzi Scheme» involving hundreds of thousands of dollars and numerous credit and financing companies.

For cryptocurrency exchanges like Bithumb, Korbit and Coinone, that process billions of dollars in trades on a daily basis, regulations are necessary because a rather large portion of investors in the South Korean cryptocurrency market are falling victim to Ponzi schemes and scams.

Perhaps Mr. Carney doesn't remember that Bernie Madoff who ran the biggest Ponzi scheme in history, to the tune of 50 Billion dollars, once sat on the Securities Industry and Financial Markets Association.