Search Results for: Scam
11 Bitcoin Startups That Went Bust in 2015
December 28th, 2015
This year was a time of further consolidation for the bitcoin industry. After what you might call a ‘Wild West’ period (when it seemed everyone with the urge was setting up their own bitcoin-based service), the space is now rapidly becoming ...
FCA Warning: IRDM Brokers
December 11th, 2015
FCA has issued a warning to inform investors and public regarding an unregistered financial services firm. FCA notes that: We believe this firm has been providing financial services or products in the UK without our authorisation. Find out why ...
Over 10,000 people were duped by Bitcoin mining startup, feds say
December 2nd, 2015
SEC: Josh Garza and GAW Miners “robbed one investor to pay another.” On Wednesday, the Securities and Exchange Commission sued the founder of a now-shuttered Bitcoin mining company, alleging that it committed $19 million worth of fraud in a Ponzi scheme. ...
FCA warns for LondonFX as a clone firm
November 30th, 2015
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK: Clone firm details ...
The Financial Regulators of UK and Denmark warn investors for unauthorised financial services firms
November 24th, 2015
The Financial Conduct Authority (FCA), the financial regulatory authority of UK and the Danish Financial Supervisory Authority (Finanstilsynet) have issued warnings to inform investors and public for unauthorised and clone firms providing financial services. According to FCA, Fraudsters are ...
European Financial Regulators warn for unauthorised investment firms
November 17th, 2015
The Swedish Financial Supervisory Authority, Finansinspektionen (FI) and the Financial Conduct Authority of UK (FCA) have issued warnings to inform investors and public for unauthorised and clone investment firms. According to Finansinspektionen (FI): Warning issued regarding Aztec Group (clone ...
JPMorgan’s 2014 Hack Tied to Largest Cyber Breach Ever
November 11th, 2015
Online gambling, bitcoin scam, money laundering among charges Hackers took data on 100 million customers, U.S. alleges The U.S. described a vast, multi-year criminal enterprise centering on hacks of at least nine big financial and publishing firms and the ...
SEC warns for fraudsters who may attempt to manipulate share prices by using social media
November 6th, 2015
The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy (“OIEA”) is issuing this Investor Alert to warn investors about fraudsters who may attempt to manipulate share prices by using social media to spread false or ...
Bitcoin Price Goes Beyond $400: How High Will it Go?
November 6th, 2015
The price of bitcoin has shot up again! The steady increase of everyone’s favorite digital currency doesn’t appear to be a fluke. Bitcoin has been on the move practically every week over the last month. Now, in just a matter ...
Ex-JPMorgan Broker Admits Stealing $22 Million for Gambling
November 6th, 2015
Michael Oppenheim pleads guilty in Manhattan federal court Ex-broker also used investor money to pay bills, trade stocks A former JPMorgan Chase & Co. broker admitted he stole more than $22 million from customer accounts and used the money to gamble ...
