Many fraudulent investment schemes
involve unlicensed individuals or unregistered firms.
As the number of uncovered fraudulent investment schemes
Malacanang has warned the public against online and other fraudulent investment schemes
, noting that these illegal activities have proliferated in the country.
Mohammed bin Ahmed Al Harthi and Salim bin Saif bin Salim Al Harthi, the promoters of the fraudulent investment scheme
, had been accused of laundering money and embezzling people's funds through fraudulent business activities.
The ruling makes clear that losses resulting from a fraudulent investment scheme
shall be treated as theft losses, as opposed to capital losses.
A Ponzi scheme is generally a fraudulent investment scheme
whereby an operator makes payments to early investors with money received from new investors.
Thus, a theft loss deduction can give the victim of a fraudulent investment scheme
greater, more immediate relief than can a capital loss deduction.
AUS state rejected a proposed settlement by an investment firm to repay nearly $6 million to state investors who lost money in Bernard Madoff's fraudulent investment scheme
Agents were investigating LaCoste on suspicion of operating a fraudulent investment scheme
, using manipulation or deception to sell securities by way of mail and/or wire fraud, according to the FBI's statement of probable cause.
and his company Dime Financial Group LLC for raising more than $6 million in a fraudulent investment scheme
that targeted churches, church members and senior citizens.
This was a fraudulent investment scheme
where people were induced to invest money and were promised a high rate of return in a short period of time," said Deputy District Attorney James Belna of the Major Fraud Division.
Amalilio, who is serving a two-year sentence in Kota Kinabalu after he was convicted of possessing an ostensibly fake Philippine passport, is wanted in the Philippines for allegedly victimizing 15 million Filipinos of P12 billion in his fraudulent investment scheme
A joint investigative squad of the Metropolitan Police Department and the Miyagi and Fukushima prefectural police forces searched L&G's head office and other places in October 2007 on suspicion of running a fraudulent investment scheme
9million by running a fraudulent investment scheme
between 1996 and 2001.
It read, 'Price used his own personal business, which he'd operated in Gowerton for 13 years before he became a Halifax agent, to sell his fraudulent investment scheme
to private clients.