FBI agents have arrested Konstantin Ignatov at Los Angeles International Airport (LAX) on conspiracy to commit wire fraud charges, after the OneCoin project of which he was ringleader was exposed as a pyramid scheme. Bulgaria-based company OneCoin has been exposed as a pyramid scheme and the brains behind it as fraudsters. The leader of the … Continue reading OneCoin: $3.7 Billion Crypto Scam Ringleader Arrested at LAX
The FBI is now openly seeking information regarding the controversial Bitconnect scheme from the $2.5 billion cryptocurrency Ponzi scheme’s victims. It would appear the US government is hoping its victims may bring some of those responsible to justice. FBI taking applications and gathering information from Bitconnect victims It has now been more than a year … Continue reading FBI Wants Help from Victims in Investigating $2.5 Billion Bitconnect Scandal
The mystery surrounding QuadrigaCX’s supposedly lost cold wallets seemed puzzling enough when Toshi Times last reported on it. It would now, however, seem that the plot thickens even more - as reports start to come in alleging that funds have been moved from these ”lost” wallets. QuadrigaCX’s CEO was supposedly the only one to hold … Continue reading Could the Reported Death of QuadrigaCX’s CEO Be A Front for An Exit-Scam?
United States bank Wells Fargo - the third largest in the country - has agreed to pay out $575 million for scamming its own customers. Over the past decade and a half, the financial giant has illegally charged clients for products which they never selected. These include collateral protection on automobile loans or life insurance … Continue reading Wells Fargo Scams Its Clients and Bans Crypto Purchases