Tag: Securities fraud
Art Adviser in New York Accused of Operating Ponzi Scheme Faces Legal Action
Lisa Schiff, a prominent figure in the New York art scene, is currently facing legal action due to accusations of running a Ponzi scheme. Her private art collection, which includes works by renowned artists...
Former FTX Executive Sentenced for Testifying Against Sam Bankman-Fried
Caroline Ellison, a former high-ranking executive at FTX, a cryptocurrency company founded by Sam Bankman-Fried, was sentenced to two years in prison for her role in a massive fraud scheme that cost investors and...
Texas Woman Sentenced for Involvement in Ponzi Scheme Targeting Senior Citizens
Debra Mae Carter, a 65-year-old woman from Texas, has been sentenced to life in prison for her involvement in a Ponzi scheme that targeted senior citizens. Working alongside William Neil Gallagher, also known as...