Thai immigration police walked into a luxury villa in Phetchaburi on a Friday afternoon and arrested a 38-year-old Frenchman wanted by France, Turkey, and Interpol. The 900 families he allegedly collected from had been told the money was earning fifteen percent a month.
A 47-year-old Nolensville man was indicted this week on eleven federal counts tied to an alleged crypto Ponzi run through Star Credit Holdings. Prosecutors say the pitch included a reserve fund that did not exist and personal loans investors took out in their own names.
Christopher W. Burns disappeared on September 25, 2020, the day before he was supposed to hand documents to the SEC. Six years later, the FBI raised the reward to $150,000 and put him on a brand new list.
A Calgary realtor sold bridge loans for real estate deals that never existed. Four years later, Alberta's regulator cut the largest assurance fund cheque in its forty-year history. It covered less than half the loss.
For four months in 2022, a Telegram-promoted app called Global Media paid Indians small amounts to watch advertisements. Then it disappeared with roughly ₹45.33 crore (about $5.4M USD), and the people running it had Cambodian and Malaysian phone numbers.