Curtis Quigley drowned in the Okanagan before he could stand trial. A B.C. judge just ruled the trustee can move fast on the investors who came out ahead, because in a Ponzi scheme, coming out ahead means you were paid with someone else's money.
Franklin Ikechukwu Nwadialo got five years in federal prison this week for a romance fraud that drained $3.5 million from eight people over fifteen years. The court called it devastating. The wire chain called it a business.
Jimmy Smith got 46 months in federal prison this week for a Publishers Clearing House scam that pulled $2.6 million from elderly victims in four states. The check trail tells you the rest.
Timothy Paul Barnes asked friends, clients, and a charity he chaired for short-term loans. Eighteen months and nearly £2 million later, the money was in a crypto wallet that had already been drained by someone else.
A bank account in the Channel Islands gave up £8.59 million tied to Ruja Ignatova. Eight years after Asha handed over her savings in a Mumbai hotel ballroom, a sliver of the money is moving toward Germany. The Cryptoqueen is not.
A Kentucky addiction treatment company built itself into the state's largest provider by billing Medicaid more than a billion dollars. Federal investigators, two creditors, and former employees are now describing the same machine from different doors.