charlesponzi
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Guy Embezzles Cool $AU13 Million From Poop-to-Energy Ponzi Scheme
Stop me if you’ve heard this one before: A guy embezzled nearly $US9 ($AU13) million by convincing investors he was turning cow poop into green energy — and then not building any of the machines at all.
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U.S. SEC Charges 4 People in $AU459 Million Crypto Ponzi Scheme
Blockchain sceptics and critics often deride cryptocurrency as a whole as one big pyramid scheme. And though that point might have some room for debate, the Securities and Exchange Commission is officially adding at least one more crypto venture to the ever-growing list of “definitely a scam” operations.