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 | Aug 8, 2022 | Breaking News, Information Wanted, Ponzi
Ponzi Scheme Foreign Exchange Investment Scheme. August 8, 2022 This is an update from our press release dated August 8, 2022. In our original press release the request for information was focused on Aiden Pleterski. Based on information received, the request for...
by Admin | Jun 29, 2022 | Breaking Court Decisions, Breaking News, Featured, Ponzi
The mastermind of an elaborate Ponzi scheme that cheated hundreds of people of tens of millions of dollars was sentenced Tuesday in a Barrie, Ont., courtroom to seven years in jail. Charles Debono has been behind bars since his arrest in 2020 for his role in one of...
by staff | Apr 8, 2022 | Breaking News, Featured, Financial Fraud, Investment Fraud, Ponzi
A Toronto businessman accused of orchestrating a $12-million pandemic-related Ponzi scheme was arrested and charged with fraud by Toronto police on Monday, just hours after investigators discovered his location, CBC News has learned. Mark E. Cohen’s...
by L Poole | Feb 22, 2022 | Breaking News, Featured, Ponzi, Ponzi Scheme
The sister of Bernie Madoff, the infamous Ponzi schemer who died in prison last year, and her husband were found dead in their Florida home Thursday. Police say the cause of their death seems to be an apparent murder-suicide. On Sunday, The Palm Beach County Sheriff’s...
by Admin | May 28, 2020 | Consumer Fraud, Featured, Financial Fraud, International Fraud, Investment Fraud, Ponzi, Securities Fraud
Vancouver (May 28, 2020) – The British Columbia Securities Commission (BCSC) accused five B.C. residents of helping to promote a U.S. based Ponzi and pyramid scheme in connection with fake gold mining operations. Monita Hung Mui Chan, Sabrina Ling Huei Wei, Justin...