This week, the World Cup reminded us all that friendships can emerge in the strangest and most unexpected ways. In a testament to how truly confusing the World Cup rules are, Germany was bounced from competition as the result of the surprise defeat at the hands of...
Silicon Valley is not just the home to startups and angel investors but also, apparently, some bad apples. As reported by Courthouse News Service last Friday (May 27), a number of investors based in Southern California were bamboozled out of $10 million through a ruse that...
In the latest Ponzi scheme of size and of headlines, the news of a $7.6 billion fraud emanating out of China exposes the risks of plunging into online finance, Reuters reported Wednesday (Feb. 3). As the newswire noted, Ezubao gathered up that staggering sum in...
May 20, 2019
OneCoin has sent a letter to the press denying that it is a “hybrid Ponzi-pyramid scheme” and scam. In March, United States prosecutors announced criminal charges against the leaders of OneCoin: Konstantin Ignatov, 33, and his sister Ruja Ignatova, 38, known as the “Cryptoqueen.” Prosecutors say the two tricked investors by promising huge returns with […]
May 31, 2016
Silicon Valley is not just the home to startups and angel investors but also, apparently, some bad apples. As reported by Courthouse News Service last Friday (May 27), a number of...
