Ponzi Scheme News Monitoring

This Toronto accountant was everybody’s ‘best friend.’ Now he’s accused of stealing millions in a Ponzi scheme

Gourmet chef. Smartest guy in the room. Best friend. That’s how clients turned investors describe high-flying accountant John Rosenthal.  “I guess that’s why I am still hoping John will make good on what he owes me someday,” says Gilbert Sharpe, lawyer and …

Wisconsin GOP congressional candidate named in $44M settlement of alleged ‘Ponzi scheme’ lawsuit

Republican Paul Wassgren of Ashland is touting his experience as a financial services broker and corporate attorney as he runs against three other GOP candidates in a primary for Northern Wisconsin’s 7th Congressional District. But two years ago, he was …

David Magerman, the American computer scientist who called OpenAI a Ponzi scheme, writes a long post on AI that says: ...

American Computer Scientist David Magerman has a message for almost everyone on artificial intelligence (AI) or rather the AI doomsday prediction. David has been at the forefront of computer science since the 80s and throughout his career has been deeply …

YouTuber who bragged online about his black Lamborghini and lavish lifestyle accused of running $112 million Ponzi ...

A YouTuber who went viral for bragging about his Lamborghini has been accused of running a $112million Ponzi scheme that allegedly drained mostly small investors. Taino Lopez, better known as Tai, rose to fame selling get-rich-quick advice courses and, …

Judge Sentences PGI Founder to 20 Years for $201 Million Bitcoin Ponzi Scheme

CEO sentenced in Virginia to 20 years for $200M international bitcoin Ponzi scheme

Palafox spent his clients' money on lavish personal expenses, including $3M on 20 different luxury cars and another $3M on high-end brand clothes and watches. ALEXANDRIA, Va. — Convicted for defrauding at least 90,000 investors around the world of more …

‘Here In My Garage’ Influencer Tai Lopez Allegedly Ran $112 Million Ponzi Scheme, SEC Says

Tai Lopez, the social media personality who went viral in 2015 for showing off a Lamborghini and bookshelves in his garage, allegedly ran nine-figure Ponzi scheme, the SEC says. Lopez built his fame selling get-rich-quick advice and self-help courses …

Weekly Blockchain Blog - March 2026

Crypto, Payments Firms Pursue OCC Charters, Stablecoin Products Launch By Robert A. Musiala Jr. More digital asset and payments companies are pursuing U.S. national trust bank charters to expand their digital asset services in anticipation of the GENIUS …

Federal judge pauses SEC case against Daryl Heller pending results of criminal proceedings

A federal judge has approved Lancaster businessman Daryl Heller’s request to pause a Securities and Exchange Commission case against him until the conclusion of a parallel criminal prosecution arising from the same ATM investment scheme. The stay approved …

Victims’ money in alleged $140M Georgia Ponzi scheme difficult to recoup, report says

ATLANTA — More than a dozen victims of an alleged Georgia-based Ponzi scheme met publicly Monday with Georgia’s secretary of state as both state and federal investigations into First Liberty Building and Loan continue. Channel 2 consumer investigator …

Republican Ponzi Scheme Georgia

Seven months after an alleged $140 million Ponzi scheme collapsed, investors are impatient to recover their money. Georgia Secretary of State Brad Raffensperger says Monday that his office is stepping up its efforts. Republican lawmakers in Georgia want to …

Investors impatient to recover $140M from alleged Georgia Ponzi scheme

ATLANTA (AP) — Seven months after the collapse of an alleged $140 million Ponzi scheme that touched the top ranks of Republican politics in Georgia and Alabama, some investors are impatient to get their money back. “We feel like we’re never going to see it …

Legal: Court frees Signature Bank from liability in $33M crypto Ponzi scheme

Money flowed to insiders, not crypto exchanges. Court says banks owe no duty to non-customers. A federal appeals court just told over 150 investors who lost $33 million in a crypto scam that their bank had no duty to stop it. The ruling came down February …

Ukrainian actor Armen Atian’s second bail plea rejected in Torres ponzi scheme case

A Mumbai special court has rejected a second bail application filed by a Ukrainian actor booked in the Torres ponzi scheme case. The court observed that the main accused in the case were still absconding and that while Rs 148.89 crore had been …

4th person pleads guilty in Ponzi scheme

TOLEDO — A fourth person has pleaded guilty in a decade-long Ponzi scheme in Toledo, according to the Ohio Attorney General Dave Yost. Nancy Rathbun, the spouse of the former Northwest Capital manager, pleaded guilty before her trial, according to a …

FBI probes self-help guru Tai Lopez in ‘Ponzi scheme’ that acquired RadioShack, Pier 1 Imports: report

The feds are catching up with Tai Lopez, a self-help guru who created a doomed retail empire of faded brands like RadioShack and Pier 1 Imports — squandering the retirement and college savings funds of hundreds of small investors, according to a report.   …

He Ruined His Career for $46,000 — Then Became an FBI Informant for the Biggest Insider Trading Sting in History

Tom Hardin doesn’t sound like a movie villain. He sounds like every smart, ambitious person who thinks they’re playing the game the way it’s supposed to be played—until the FBI taps them on the shoulder at 6:30 a.m. outside a dry cleaner. On a recent …

Private lender investigated for fraud in $100M investor pool

A private lender is the subject of a criminal investigation by Marin County prosecutors. The Marin County District Attorney’s Office is investigating Pacific Private Money Incorporated after the Novato-based firm stopped payments to more than 100 investors …

Supreme Court seeks Centre, T.N. responses to depositors’ plea that CBI must probe multi-State Ponzi scheme

Representative images. | Photo Credit: Getty Images/iStockphotos The Supreme Court has sought a response from the Governments of India and the State of Tamil Nadu in a plea by depositors from T.N. for a Central Bureau of Investigation (CBI) probe into …

Second Vintage Expands Global Access to Authenticated Vintage Watches Through Curated Weekly Auctions

Second Vintage hosts 100+ new auctions each week and has completed 5,200+ auctions for collectors in 54+ countries since 2024 AARHUS, DENMARK, March 5, 2026 /⁨EINPresswire.com⁩/ -- Second Vintage, a global auction platform dedicated to …

eMudhra Calls for Strong Authentication as NIS2 and DORA Expand Enterprise Cybersecurity Obligations

eMudhra emphasizes PKI-based identity and authentication as key controls for organizations addressing new EU cybersecurity mandates under NIS2 and DORA. eMudhra Limited (NSE:EMUDHRA) THE HAGUE, NETHERLANDS, March 5, 2026 /⁨EINPresswire.com⁩/ -- …

Cash-Out Refinances Help Fund Home Improvements and Investments, as Explained by Reliance Financial

DUBLIN, CA, UNITED STATES, March 5, 2026 /⁨EINPresswire.com⁩/ -- A new financial trend is gaining momentum in the housing market: cash-out refinancing. A cash-out refinance helps homeowners fund home improvements and investments, turning ordinary homes …

Dubai Property Exhibition Hosts 20 Leading Agencies as 'DPS Talks' Platform Launches

DUBAI, UNITED ARAB EMIRATES, March 5, 2026 /⁨EINPresswire.com⁩/ -- Dubai Property Exhibition (DPS) today convened the owners and senior leaders of 20 leading real estate brokerage firms in Dubai for a closed-door industry dialogue, marking the …

BLISSBOT AWARDED AI-POWERED MENTAL HEALTH SOLUTION OF THE YEAR 2026

Founded by Sarah Wang (former Meta/TikTok tech lead), BlissBot sets a new standard for hyper-effective mental health solutions through unlimited AI scalability. SAN FRANCISCO, CA, UNITED STATES, March 5, 2026 /⁨EINPresswire.com⁩/ -- BlissBot, the global …

Electronic Bill Presentment And Payment Market 2026: Track Digital Payment Innovations Driving Financial Efficiency

The Business Research Company's Electronic Bill Presentment And Payment Market 2026: Track Digital Payment Innovations Driving Financial Efficiency LONDON, GREATER LONDON, UNITED KINGDOM, March 4, 2026 /⁨EINPresswire.com⁩/ -- "The Electronic Bill …

Distributive Data Base Option For Large Language Model (LLM) Released By Scientel

Powered by Gensonix AI DB, Scientel ‘s LLM solution supports multiple DB nodes in a single LLM application ANN ARBOR, MI, UNITED STATES, March 5, 2026 /⁨EINPresswire.com⁩/ -- The distributive Data Base (DB) is an optional configuration that was released …

IBA President Umar Kremlev calls for radical reform of the Olympic Movement and equal rights for athletes

LAUSANNE, SWITZERLAND, March 5, 2026 /⁨EINPresswire.com⁩/ -- The debate around the role of politics in international sport and the treatment of athletes from different countries continues to intensify. Recent statements by the International Olympic …

THE FUTURE OF TATTOO REMOVAL IS NOW IN WYOMING — INKLESS OPENS ITS 6th U.S. LOCATION IN CASPER

National tattoo removal brand brings world-class PicoWay laser technology to Wyoming for the first time CASPER, WY, UNITED STATES, March 4, 2026 /⁨EINPresswire.com⁩/ -- Inkless Tattoo Removal, a national leader in advanced tattoo removal services …

Evergreen Real Estate Group Breaks Ground on 120-Unit Assisted Living Community for Seniors in Columbus, Ohio

Construction underway for Green Oaks of Canal Winchester near Columbus, with delivery set for March 2027 CANAL WINCHESTER, OH, UNITED STATES, March 4, 2026 /⁨EINPresswire.com⁩/ -- Chicago-based Evergreen Real Estate Group today announced it has …

Tech Startups Pitch Investors at Czech Night at SXSW

Four ambitious European startups will showcase AI, healthtech and foodtech innovations to international investors during the Czech Innovators Pitch at SXSW. BRNO, CZECH REPUBLIC, March 5, 2026 /⁨EINPresswire.com⁩/ -- The Brno region will be …

Michigan Financial Educators Council Selects Brandon Biddles, Founder of Biddles Group, as Advisory Board Member

DETROIT , MI, UNITED STATES, March 4, 2026 /⁨EINPresswire.com⁩/ -- Brandon Biddles, Founder and Wealth Strategy Consultant at Biddles Group in Detroit, has been chosen to serve on the Michigan Financial Educators Council (MFEC) Advisory Board, the …

Kapitus Reviews, Business Loans, Equipment Financing Analysis 2026 Released (New Report)

Learn about Kapitus Reviews, Business Loans and more in IRAEmpire's latest analysis report for 2026. AUSTIN, TX, UNITED STATES, March 4, 2026 /⁨EINPresswire.com⁩/ -- IRAEmpire is pleased to announce the release of its latest small business …

Letters from Berlin to Bengal: শান্তিপুরের “বাংলা ভাষা” হতে পারে জাতিসংঘের ৭ম ভাষা (Bengali Can Be the 7th UN-Language)

Santipur (Nadia, West Bengal) can lead the way to “better and global opportunities for all” in education, health, business, jobs, and democracy. SANTIPUR-NADIA, WEST BENGAL, INDIA, March 5, 2026 /⁨EINPresswire.com⁩/ -- Letters from Berlin to …

Peregrine Advisors Served as Sole Advisor on Century Mechanical Holdings Acquisition of Weston Trawick

Peregrine Advisors Advises on Strategic MEP Acquisition as HVAC and Electrical Consolidation Continues TALLAHASSEE, FL, UNITED STATES, March 4, 2026 /⁨EINPresswire.com⁩/ -- Peregrine Advisors announced that it served as exclusive M&A advisor in the …

Team 7 Consulting Announces AIDA™, an Autonomous AI System for Monitoring, Securing, and Managing Modern Datacenters

AIDA™ brings autonomous AI to enterprise datacenters, enabling predictive monitoring, automated remediation, and real-time executive insights. ATLANTA, GA, UNITED STATES, March 4, 2026 /⁨EINPresswire.com⁩/ -- Team 7 Consulting, a leading enterprise …

Butterpie Holdings Launches Series A Rule 506(c) Offering to Build a Portfolio of Creator-Led Brands

Vertically integrated venture studio opens accredited investor access to a portfolio of celebrity-creator brands NEWBURY PARK, CA, UNITED STATES, March 4, 2026 /⁨EINPresswire.com⁩/ -- Butterpie Holdings, LLC, a Nevada-based holding company for …

Promotional 4.99% Reverse Mortgage Rate Offered Until End Of March

A 4.99% promotional reverse mortgage interest rate on on a 1-year fixed term has been launched. Only available for a limited time - until March 31st. TORONTO, ON, CANADA, March 4, 2026 /⁨EINPresswire.com⁩/ -- Reverse Mortgage Pros - Canada’s leading …

Infinidium Power Corp. Launches $1M Pre-IPO Seed Financing to Power the Next Era of Sustainable AI Infrastructure

Infinidium launches $1M Pre-IPO to deploy low-cost AI infrastructure, monetize carbon credits, and scale global EPC and off-grid data centers. CALGARY, ALBERTA, CANADA, March 4, 2026 /⁨EINPresswire.com⁩/ -- Infinidium Power Corp., a Canadian AI …

Property Management Executives to Address Key Technology Decisions in Upcoming Webinar, 'Leveling Up for What’s Next'

Property management leaders from Concierge Plus, SparcPay, & Shiftsuite discuss when outdated tech begins limiting growth and how firms can modernize to scale. FORT LAUDERDALE, FL, UNITED STATES, March 4, 2026 /⁨EINPresswire.com⁩/ -- Property …