Author: ForexFraud

European authorities tackle crypto scam A range of authorities in Europe have taken members of a criminal gang into custody over claims that they were involved in a scam worth millions of dollars. The alleged scammers are accused of scamming over 80 ...

Nigerian woman in court over alleged forex fraud scam A woman from Nigeria has appeared in court over claims that she executed a plan for foreign exchange fraud. Prosper Onyekpe, who is aged 31, appeared in front of magistrates on Tuesday over ...

SEC warns investors over ICOs A major US regulator has told cryptocurrency investors that they must be careful when considering investing in initial coin offerings (ICOs). The Securities and Exchange Commission (SEC) issued an extended warning after ...

Zimbabwean woman in court over forex case  A woman from a major Zimbabwean city has found herself in court over accusations that she defrauded a prominent local musician. Simangani Gwemende, who is 45 years old and is from the Emganwini area of the ...

Directors of closed-down Ugandan cryptocurrency firm end up charged Two directors of a cryptocurrency firm in Uganda which has since been closed down are facing charges from the authorities. DunamisCoin was an investment platform based around ...

Respected investigator claims HitBTC is fraudulent A well-known face on the crypto investigation scene has accused cryptocurrency exchange HitBTC of being a scam. Richard Sanders, who works for CipherBlade, made a series of strongly-worded ...

“Fake HitBTC” scammers could face jail time Two brothers who were responsible for a crypto fraud which saw an investor swindled out of $140,000 could face a two year prison sentence. Jagroop Singh Khatkar and Karanjit Singh Khatkar, from Canada, ...

Another forex class action filed in London over rigging claims A second class action lawsuit pertaining to allegation of foreign exchange rigging has been filed in the British city of London. The new action, which was brought by American legal firm ...

Group arrested in US over bitcoin scam allegations A group of men in the US have been taken into custody following claims that they perpetrated a cryptocurrency scam which may have seen $722m in value stolen. The alleged scam, which was known as the ...

OneCoin victim asks for “Queen” to give herself up A woman who was scammed out of several thousands of pounds as part of the alleged crypto scam OneCoin has publicly urged its founder to come out of hiding and give herself up. Jen McAdam, who ...