Thai police are searching for couple Mauerberger and Cattaliya Beevor, wanted for fraud and money laundering related to a decade-old investment scheme. Nearly $700 million in assets, including a superyacht named Atlas, have been seized and will be auctioned.
Andre Langos and Sam Smith have been jailed for defrauding five victims, four over 60, of over $6 million in a fraudulent property investment scheme. Judge Anne Barnett highlighted the profound financial and emotional impact on victims, sentencing Langos to eight years and Smith to seven.
Two men fleeced millions from five victims in a fraudulent property investment scheme, which one victim said had stolen half her superannuation and "ruined" her life.
Federal prosecutors secured a prison term for a Saipan woman who defrauded elderly victims through a fake Bitcoin investment scheme
A sophisticated investment scam operating for over three years collapsed abruptly, leaving victims across the globe with total losses approaching 100 billion ringgit (US$25 billion). The scheme promised steady 5% fortnightly returns, encouraging investors to pour in their savings before the sudden collapse.
