Sentences with phrase «such ponzi schemes»

Consumers need to be alert and extremely cautious as to avoid getting trapped in such Ponzi schemes.»

Consumers need to be alert and extremely cautious to avoid getting trapped in such ponzi schemes.»

«Consumers need to be alert and extremely cautious as to avoid getting trapped in such ponzi schemes.»

There is a risk of investment bubble of the type seen in Ponzi schemes... Customers need to be alert and extremely cautious as to avoid getting trapped in such Ponzi schemes.

«Consumers need to be alert and extremely cautious as to avoid getting trapped in such Ponzi schemes,» the finance ministry said in a statement on Dec. 29.

Not exact matches

Some think blockchains could put an end to fraudulent deals, such as the Ponzi scheme that led to famed investor Bernie Madoff's demise around 2009.

As for Siskey investors such as Packer, they have been unable to take money out of their Mainstar accounts since the Ponzi scheme allegations became public.

The alternative digital currency has long - faced accusations from prominent members of the crypto community, such as Ethereum creator Vitalik Buterin, of being nothing more than a Ponzi scheme.

Use or post, without authorization, any content protected by law (e.g. copyright, trademark, patent, utility patent, design patent or other intellectual property (IP) laws), or advertise, promote, offer or distribute any goods or services protected by law; v. Use, post or promote any commercial practices considered unfair competition, including progressive customer acquisition practices (such as chain distribution systems, Ponzi schemes, illegal multi-level selling or pyramid sales).

Prior to Spitzer's tenure, it was mostly used for smaller financial violations, such as «shady pharmacists, Ponzi schemes, and peddlers of fraudulent Salvador Dali lithographs,» according to a 2004 article in Legal Affairs by Nicholas Thompson, published prior to the revelation of the Bernie Madoff Ponzi scheme, for which Andrew Cuomo used the Martin Act when he was attorney general.

I wish they would propose a law targeting those who fraudulently use crowdfunding sites such as Indiegogo as Ponzi - like schemes, fully knowing that many people who reside in faraway places will be unlikely to expend the time or money needed to recuperate their losses.

In a future post, I will explore potential models that address the issues explored above... one such model even enables us publishers to have our Ponzi scheme and ebooks too!

Like swaps and derivatives, this will make the hedge funds more transparent and help prevent fraud such as the Madoff Ponzi scheme.

Ending the year on a final bad note, December 2008 brought us the Madoff scandal, a Ponzi scheme of such epic proportions, it made the original Charles Ponzi look like a rank amateur.

And therefore it requires different tactics from that of the ordinary Ponzi scheme, such as offering returns only moderately above average, satisfying redemption requests promptly, turning down some would - be investors (it would be interesting to know whether there was a tendency to turn down investors who might prove nosy or suspicious), and trading on a reputation earned in a legitimate business (Madoff's business of market making).

In December, Jaitley's ministry warned cryptocurrency investors, likening such investments to Ponzi schemes.

The Ponzi scheme would later in 2016 spread to other African countries such as Kenya, Ghana, Nigeria and Zimbabwe.

Through its Crypto - Nigeria arm, local meet ups have been arranged in order to tackle criminal activities by collaborating with government agencies and relevant bodies in fighting against crypto - related crimes, such as HYIP and Ponzi schemes that use bitcoin and other cryptocurrencies for payment.

Some have called the nascent digital assets under various names such as bubbles, Ponzi schemes, fraud, and many other crazy names.

Brian Paige is suing Bitconnect for an undisclosed sum for operating an alleged online investment scam — a Ponzi scheme — in the second such lawsuit filed against the lending and exchange platform in a week.

SBP warns that such schemes, which are similar to Ponzi schemes, this can cause significant losses to the general public.

The new initiative will be part of the existing Financial Fraud Enforcement Task Force, which the administration created in 2009 to better coordinate federal efforts to crack down on violations, such as Ponzi schemes, insider trading and investment scams.