Tag: fraud

PGI Global Founder Faces Charges Over Crypto Investment Fraud

PGI Global Founder Faces Charges Over Crypto Investment Fraud

The PGI Global founder charged with allegedly running a crypto pyramid scheme. Charge announced by the Securities and Exchange Commission (SEC), alleging that the founder misappropriated millions from investors. The scheme operation was from Jan 2020 to Oct 2021. It guaranteed profits over time by trading crypto assets and foreign...

PGI Global Founder Charged: $300M Crypto MLM Scheme Exposed

PGI Global Founder Charged: $300M Crypto MLM Scheme Exposed

The cryptocurrency space is filled with opportunity and creativity, but it’s where scams go to flourish. One such case, PGI Global is a clear reminder of how risky investments in the crypto space can be. Founder of PGI Global now indicted on felony charges. He’s accused of having run a...

Crypto Crime Fightback: Why HackersTent's $3M Recovery is a Game Changer

Crypto Crime Fightback: Why HackersTent's $3M Recovery is a Game Changer

Crypto theft. It’s the Wild West out there in the 21st century. We've all heard the horror stories: fortunes vanishing into the digital ether, leaving victims feeling helpless and betrayed. For too long, folks have thought that if your crypto gets stolen, it’s a lost cause. This narrative has eclipsed...

NFT Tax Scandal: $13M Fraud Exposes Crypto Compliance Gaps

NFT Tax Scandal: $13M Fraud Exposes Crypto Compliance Gaps

The NFT market, which had reached an all-time peak earlier this year with boom-time fervor and valuations, has come crashing down in recent months. As the market cools, a crucial lesson emerges: tax compliance is not optional, even in the decentralized digital realm. Waylon Wilcox’s case serves as an important...