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МММ was a Russian company that perpetrated one of the world's largest Ponzi schemes of all time. By different estimates from 5 to 40 million people lost up to $10 billion. The company started attracting money from private investors, promising annual returns of up to 1,000%.
He was released in 2021. [36] Bashar Kiwan, Syrian-French convicted fraudster and mastermind of the Comoros passport sales scandal. [37][38][39][40][41] Konrad Kujau, German fraudster and forger responsible for the "Hitler Diaries". Rudy Kurniawan, Indonesian wine fraudster in America.
Date apprehended. December 11, 2008. Bernard Lawrence Madoff (/ ˈmeɪdɔːf / MAY-dawf; [ 2 ] April 29, 1938 – April 14, 2021) was an American financial criminal and financier who was the admitted mastermind of the largest known Ponzi scheme in history, worth an estimated $65 billion. [ 3 ][ 4 ] He was at one time chairman of the Nasdaq ...
4. Nicholas Cosmo, Agape World Inc. Ponzi Scheme Nicholas Cosmo has been at the center of numerous money scams. After serving 21 months in jail for defrauding investors, Cosmo founded Agape World ...
The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion-dollar Ponzi scheme.
world’s largest stolen password database uploaded to criminal forum With the rise in robocall scams, especially around tax debt, it’s crucial to stay alert.
Elizabeth Anne Holmes (born February 3, 1984) is an American biotechnology entrepreneur who was convicted of fraud in connection to her blood-testing company, Theranos. [2] The company's valuation soared after it claimed to have revolutionized blood testing by developing methods that needed only very small volumes of blood, such as from a ...
The Maria Duval scam is one of the most successful mail scams in history, having defrauded millions of people out of at least $200 million over twenty years. Targeting sick and elderly people through a combination of personalized letters and personal information databases, it has been shut down in the United States in 2016, but is still ongoing in many countries.