UK Jails Chinese Woman Over $6 Billion Bitcoin Scam
A Chinese woman who masterminded a multibillion-dollar bitcoin scam and evaded authorities for years was sentenced to 11 years.
Ponzi Scheme
Muslims Gloat over Zohran Mamdani’s Election Victory: ‘America’s Mayor’
Islamic advocates are gloating over the election of a Muslim immigrant to the mayoralty of New York City.
Joe Biden’s Migrants Create $5.5 Billion in Taxpayer Spending for New York City’s Agencies, Landlords
New York City’s government has distributed $5.5 billion to landlords, companies, and city agencies since 2023 to help illegal migrants settle into New Yorkers’ housing, workplaces, schools, and communities.
Federal Regulators Warn Wells Fargo to Stop Customers’ Financial Crimes
Federal regulators have issued Wells Fargo formal orders demanding they get better at catching customers who misuse their services for criminal acts, as the bank faces a lawsuit alleging they allowed a $460 million Ponzi scheme to operate.
Officials: Former Mentor and Associate of Jeffrey Epstein Found Dead
Steven Hoffenberg, a former mentor and business partner of deceased serial sex abuser Jeffrey Epstein, was found dead in his Connecticut apartment on Tuesday.
Peter Schweizer: Amy Klobuchar Didn’t Prosecute Ponzi Schemer Who Was Her Largest Campaign Donor
As a Minnesota prosecutor, Amy Klobuchar did not prosecute a Ponzi scheme architect who was her biggest campaign donor, said Peter Schweizer.
Amy Klobuchar Selectively Prosecuted White-Collar Crimes, Failed to Pursue Massive Ponzi Scheme—Despite Evidence
Sen. Amy Klobuchar (D-MN) selectively enforced the law regarding financial crimes as a local prosecutor, often to the benefit of friends and political allies.
U.S. Marshals Apprehend Fugitive Accused of Scamming Veterans
Authorities have taken Scott Kohn into custody for an accused “billion dollar Ponzi scheme” that targeted vulnerable veterans.
‘NSync, Backstreet Boys Creator Lou Pearlman Dies in Prison at 62
MIAMI (AP) — Lou Pearlman, credited for starting the boy-band craze and launching the careers of the Backstreet Boys and ‘NSync, has died in prison while serving a 25-year sentence for a massive Ponzi scheme.
Physicians Predict ‘BREXIT’ From Medicare
According to a Medscape Medical News survey, four of 10 physicians in solo or small group practices say the new payment system under the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) will lead to many physicians dropping out as Medicare providers because of its “punishing penalties,” the survey notes.
Medicare: The Ponzi Scheme That Keeps Restricting Americans’ Healthcare Options
The federal government is set to cut Medicare spending on older Americans and also to extract more Medicare taxes from younger Americans who can’t get any benefit from the program.
East Texas Man Sentenced in Ponzi Scheme
A former East Texas-based insurance agent now faces a federal jail sentence for the commission of a multi-million dollar Ponzi scheme.
Debt Ceiling Crisis Has Been Great for the Stock Market
A huge stock market rally kicked off when the U.S. Treasury was forced to pay out a net $32 billion last week after the Republican Congress failed to raise the legal debt ceiling on the U.S. government’s $18.113 trillion Ponzi debt scheme.
ABC Mini-Series ‘Madoff’ Begins Filming in NYC
Madoff, an upcoming ABC mini-series starring Richard Dreyfuss and Blythe Danner as infamous Ponzi scheme villains Bernie and Ruth Madoff, began filming on location this week in New York City.
