A top EverFX executive has been arrested in Spain.

Spanish authorities accuse the CashFX Group linked broker of “stealing billions of euros from hundreds of thousands of investors”. [Continue reading…]

Christopher Hamilton’s OneCoin money laundering indictment has been unsealed.

Originally filed back in March 2019, Hamilton’s indictment details two counts of fraud. [Continue reading…]

Gift of Legacy was a South Africa gifting scam run by Chris Hattingh, Candice Donadel, Jacques Marais, Jenny Brandt and Hercules Viljoen.

Launched in November 2021 and itself a reboot of the collapsed Kindred Hearts gifting scam, Gift of Legacy collapsed back in July.

Rather than just stop scamming people and move on, the Gift of Legacy scammers have rebooted twice.

The latest reboot, New Earth Economy Global, seeks to draw international victims into the scheme. [Continue reading…]

The SEC is going after the BitCoiin Ponzi scheme’s Compliance Officer and a purported legal advisor.

After receiving permission from the court (the case is currently stayed), the SEC filed an amended complaint naming Keith Gooselaw and Jeffrey Gold as additional defendants. [Continue reading…]

Infinity2Global executive Doyce Barnes has been sentenced to four years in prison. [Continue reading…]

The third indicted Forcount Ponzi scammer has been arrested.

Antonia Perez Hernandez was arrested in Florida on December 16th. [Continue reading…]

Validus has received a fraud warning from Belgium’s Financial Services and Markets Authority.

As per the FSMA’s December 14th warning; [Continue reading…]

Karl Sebastian Greenwood has pled guilty to OneCoin related wire fraud and money laundering charges. [Continue reading…]

USFIA founder Steve Chen has died in prison.

Following a guilty plea entered back in 2020, Chen was sentenced to to ten years in prison in 2021. [Continue reading…]

The Ontario Securities Commission has issued a NovaTech FX securities fraud warning. [Continue reading…]