Bitcoin Fraud

Spanish Police Detain Four People Allegedly Involved in a $15M Crypto Ponzi Scheme

Leave a Comment / Bitcoin Fraud, Bitcoin Ponzi scheme, btc scam, crypto scams, News, Ponzi scam, Pyramid Scheme, Spain / By

<div class=”featured_image_container”> </div> <strong>The Spanish police detained four people of different nationalities this week for allegedly running a $15 million crypto Ponzi scheme. According to the police, “many victims” filed a complaint against them.</strong> Victims Believed Their Bitcoins Went to a Legit Company According to Policia Nacional, the four accused are Argentine, Spanish, and Italian …

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Localbitcoins Trader Facing up to 40 Years in Prison Over Bitcoin Fraud Schemes

Leave a Comment / Bitcoin Fraud, Bitcoin Scam, Bitcoin Scams, bitcoin schemes, LocalBitcoins, localbitcoins seller, localbitcoins trader, Paxful, paxful trader, paxful traders, prison sentences, Regulation / By

<div class=”featured_image_container”> </div> <strong>A trader on Localbitcoins and Paxful has pleaded guilty to charges in connection with a couple of bitcoin scams. The U.S. Department of Justice alleges that the trader knowingly sold bitcoin to victims of fraudulent schemes.</strong> Bitcoin Trader Facing Jail Time The U.S. Department of Justice (DOJ) announced last week that a …

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Mastermind of Alleged Billion Dollar Spanish Pyramid Scheme Arrested, Faces 16 Year Prison Sentence

Leave a Comment / Arbistar, Arbistar Scheme, avier García Ramila, Bitcoin Fraud, Bitcoin investment, buy and sell orders, cryptocurrency brokerage, Money Laundering, News, Pyramid Scheme, Santiago Fuentes, Spanish Investment Scheme, Trading bots / By

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/387428″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/10/bitcoin-exchange-banner-6.png” alt width=”728″ height=”90″></a></div><strong>The CEO of Arbistar the Spanish investment company, Santiago Fuentes, has been arrested and arraigned on charges of fraud, belonging to a criminal organization and money laundering. Fuentes, who has been in hiding since September, was arrested at …

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Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T

Leave a Comment / AT&T, Bitcoin Fraud, Cryptocurrency, cryptocurrency entrepreneur, Hackers, Micheal Terpin, News, password reset, Privacy Policy, SIM Swapping, SIM-Card / By

$1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases The U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive number of mortgage defaults stacking up like never before. Amid the looming real estate chaos, the …

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South African Man Charged in U.S. Court for Fraud Involving $28 Million in Bitcoin and Forex

Leave a Comment / 1st Million LLC, 1st Million Pool, Access to Assets LLC, Arley Ray Johnson, Bitcoin Fraud, Bitcoin Ponzi scheme, Dennis Jali, John Frimpong, Maryland District Court, News, Smart Partners LLC, South Africa, the Securities and Exchange Commission, U.S. Commodity Futures Trading Commission (CFTC) / By

A South African man has been charged with fraud in the Maryland District Court for allegedly scamming $28 million from over 1,000 investors. Dennis Jali, a former resident of Maryland, targeted church-going African immigrants, promising them guaranteed returns on his supposed bitcoin (BTC) and foreign currency investment pool. In a press statement, the U.S. Commodity …

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