Argentine authorities believe Leonardo Cositorto is now hiding in the Dominican Republic.

Wanted for financial crimes, Argentinian media are report an international arrest warrant has been issued through Interpol. [Continue reading…]

When Phillip Botha was summoned to appear before an enquiry held by MTI liquidators, he decided not to turn up.

We’re not sure when, but Botha has since been arrested over his decision. [Continue reading…]

The SEC has been unable to locate Craig Grant for service in Jamaica.

As an alternative, the regulator now seeks permission to effect service via email and publication. [Continue reading…]

Steve Chen, founder of the USFIA Ponzi scheme, has been sentenced to ten years in prison.

Chen has also been ordered to pay back $49.2 million in restitution. [Continue reading…]

OmegaPro funds have been seized by UK authorities.

The regulatory action occurred through OMP Money, a UK shell company set up by OmegaPro to access banking channels.

OMP Money was in turn tied to Viola Money, which was shut down by UK authorities last December. [Continue reading…]

The lawsuit accusing Allysian Sciences executives of $50 million in fraud has been dismissed.

As per a February 15th order, fraud alleged in the complaint falls outside the statute of limitations. [Continue reading…]

IX Inversors has received a securities fraud warning from Spain’s Comision Nacional del Mercado de Valores. [Continue reading…]

Details of DagCoin’s pending Success Factory launch in the US have leaked.

Here’s what we know… [Continue reading…]

The Liyeplimal Ponzi scheme has collapsed for the second time.

The original Liyeplimal, built around Limo and XAF Ponzi points, collapsed in the lead up to Christmas. [Continue reading…]

Following FastBNB’s collapse a few days ago, owner Biman Das has put out an update to appease investors.

Naturally Das’ update makes no sense. [Continue reading…]