Misam M. Abidi, 47, of Tennessee, has been indicted on 11 federal charges for allegedly running a cryptocurrency investment fraud scheme called Star Credit Holdings from 2020-2024. Prosecutors claim he defrauded investors out of millions by operating a Ponzi scheme, diverting funds, and failing to report income.
The Barcelona Court has dismissed a fraud investigation against CSSB, a company linked to Joan Laporta. Tennis player Albert Ramos alleged he was defrauded of €100,000 in 2017, but the court found no reasonable evidence of a crime.
The eldest son of former National Power Party lawmaker Tae Young-ho has been arrested and sent to prosecutors on charges of defrauding 1.6 billion won in cryptocurrency investments and embezzling funds from his mother's publishing company.
An unprecedented international law enforcement operation led by the FBI, Dubai Police, and Chinese Ministry of Public Security resulted in 276 arrests and the dismantlement of nine scam centers used for cryptocurrency investment fraud. The operation targeted 'pig-butchering' schemes that defrauded Americans of millions of dollars. Three defendants were charged in San Diego with federal wire fraud and money laundering charges.
Federal prosecutors secured a prison term for a Saipan woman who defrauded elderly victims through a fake Bitcoin investment scheme
Sarah had £20,000 stolen in an investment fraud in October 2024 but didn't discover it was a scam until March 2026, exceeding the 13-month deadline for reporting push payment scams. Lloyds initially offered only £1,000 refund but fully reimbursed her within a day of BBC Radio 4's Money Box investigating. National Trading Standards is calling for the time limit to be reviewed.
Two Chinese nationals face U.S. charges for managing the Shunda Park compound in Myanmar where workers were forced to conduct cryptocurrency investment fraud scams. Huang Xing Shan and Jiang Wen Jie are accused of wire fraud conspiracy for their roles at the industrial-scale operation seized in November 2025. Both suspects are in Thai custody after being arrested for immigration violations. The FBI interviewed former workers who said they were held against their will and forced to scam victims under threat of violence.
James Wellesley, a UK citizen, was sentenced to 10 years in US federal prison for orchestrating a $97 million wine investment fraud through Bordeaux Cellars. The scheme defrauded over 140 victims worldwide, causing losses exceeding $83 million. Wellesley used aliases 'Andrew Fuller' and 'Andrew Templar' to operate the fake fine wine investment business from June 2017 to February 2019.
