by L Poole | Nov 25, 2022 | Breaking News: FTX Crypto Exchange Collapse, Cryptocurrency, Featured, Investment Fraud
FTX in a bombshell emergency court filing Thursday said it has credible evidence that Bahamian regulators directed former CEO Sam Bankman-Fried to gain “unauthorized access” to FTX systems to obtain digital assets belonging to the company after it had...
by L Poole | Aug 19, 2022 | Breaking News, Featured, Investment Fraud, Ponzi, Ponzi Scheme
CALGARY – The Crown asked for a sentence of 10 to 12 years Wednesday for a Calgary man who bilked clients out of millions of dollars in a Ponzi scheme. Arnold Breitkreutz, 74, was convicted on June 29 of fraud over $5,000 for what the Crown described as a...
by Admin | Jul 7, 2022 | Featured, Investment Fraud
A former Newfoundland and Labrador investment advisor who swindled at least $710,000 from elderly clients over a 13-year period has been ordered to pay the money back and serve a federal prison sentence. Joan McCarthy, 54, worked at MD Financial Management, an...