A Brazilian court has sentenced the men behind Bitcoin investment scam Braiscompany to a combined 170 years behind bars.

IBADAN – Popular Nigerian Fuji musician, Taye Currency, has revealed that he lost ₦10 million to the controversial CBEX Ponzi scheme. Speaking during a live stage performance, the Fuji star disclosed ...

Two Estonians accused in a $577 million Ponzi scheme were caught between an order from the DHS to self-deport and a state court order to stay in King County.

Elon Musk and the newly created Department of Government Efficiency (DOGE) are on a mission to eliminate waste from the ...

Ponzi schemes like CBEX have repeatedly exploited gaps in financial literacy and regulatory enforcement, inflicting deep ...

I was sure that CBEX was my breakthrough,” said Adekemi Fakoya, a 28-year-old employee with a side hustle, which she would ...

Vincent Dispoto Jr., 67, faces up to 20 years in federal prison when he is sentenced in August, said U.S. Attorney Alina ...

The FG sent a notable message to all CBEX 'investors'. This comes amid the report of the crash of the popular Ponzi scheme, ...

In addition to the forfeited shares, the judge also ordered the final forfeiture of about N42.5 million (N42,461,096.66) and $26.44 in cash, both traced to Cititrust Holdings Plc and its subsidiaries.

The Federal High Court sitting in Ikoyi, Lagos, has issued a final forfeiture order against 2,041,087,747 units of Livingtrust Mortgage ...

The atmosphere at the CBEX office in Oke Ado, Ibadan, was heavy with tension and heartbreak. Hundreds had gathered there, all ...

The Economic and Financial Crimes Commission and the Securities and Exchange Commission have vowed to hunt down operators of ...