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In April 2025, the Brazilian cryptocurrency investment platform Braiscompany was exposed as a Ponzi scheme, resulting in a loss of $190 million for about 20,000 investors due to false promises of high returns. The mastermind was sentenced to 128 years in prison.This incident not only highlights the
Recently, the Enforcement Directorate (ED) of India announced that Harsatinder Pal Singh Hayer, the son-in-law of the late founder of Pearls Group, Nirmal Singh Bhangoo, has been formally arrested for his alleged involvement in a Ponzi scheme amounting to 480 billion rupees (approximately 41.6 billi
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