More details have emerged on how promoters of the fraudulent Ponzi scheme, Crypto Bridge Exchange, aka CBEX, convinced ...

Entire Profits Are Dependent on What Insiders Call a ‘Madoff-Like Ponzi Scheme.’” Prominent investor rights firm Hagens Berman is investigating the allegations and urges investors who ...

XP's assurances may have come under question on March 12, 2025, when Grizzly Research published“XP's (Nasdaq: XP) Entire Profits Are Dependent on What Insiders Call a 'Madoff-Like Ponzi Scheme.” ...

For Nigerians, the cycle of hope and betrayal is all too familiar. The term “Ponzi scheme” originates from Charles Ponzi, who infamously defrauded investors in the 1920s by promising ...

A Brazilian court has sentenced three executives behind the collapsed crypto scheme Braiscompany to a combined 171 years in prison, concluding one of the country’s largest crypto fraud cases to ...

A major investigation into the collapse of the Crypto Bridge Exchange (CBEX) Ponzi scheme has revealed how promoters used deceitful tactics to convince over 600,000 Nigerians to invest in their ...

According to Nigeria’s Securities and Exchange Commission, three million Nigerians lost N18bn when the popular Ponzi scheme, Mavrodi Mundial Movement, aka MMM, crashed in 2016. As of 2022 ...

Afta several Nigerians don para say dem lose money ontop digital asset trading platform, CBEX, di Economic and Financial Crimes Commission (EFCC) don begin step to investigate di Ponzi scheme.

But Mr Abdul, who recently completed his degree programme at Ekiti State University, nursed fears that the forex trading platform could be a new Ponzi scheme. Yet, a close friend who had traded on ...