News and analysis on the global fight against fraud
This investigative piece peels back the layers of this mysterious phenomenon, focusing on a compelling case study involving Sam Bankman-Fried, a prominent figure in the cryptocurrency landscape, whose financial dealings have raised eyebrows and questions about the integrity of modern financial systems.
Read MoreMulti-level marketing (MLM) companies and pyramid schemes share similarities like recruitment-focused structures but have key differences, such as the sale of products in MLMs versus pyramid schemes that redistribute payments and fees to early investors.
Read MoreGrab the popcorn, uncork the wine and settle in for a wild ride. Fraudsters and their schemes are having quite a moment in pop culture. We’ve compiled a list of the most popular recent limited series, documentaries and films about fraud that can add context to known cases, illustrate some common fraud schemes and provide insight into the fraudsters at the center of these now infamous frauds. Keep in mind, some of these shows may have taken a few liberties with the details of the cases for entertainment purposes.
Read MoreAlthough the craze over the social networking game FarmVille is over, that didn’t stop 25-year-old Mehmet Aydin from realizing there was still money to be made on virtual farms. Known as Ciftlik Bank in Turkish, Aydin marketed Farm Bank to be a “win as they play, and have fun as they win” game. At first telling users that they were investing real-world money to care for virtual animals, Farm Bank also offered them the opportunity to earn money back on their so-called investments in return for keeping the virtual animals alive.
Read MoreWith the passing of Bernie Madoff, we thought it would be helpful to curate some of our most popular articles and podcasts about one of the most infamous Ponzi schemers to ever live. We hope these resources give you insight into the decades-long scam and the CFE who tirelessly investigated Madoff, and shed light on what you can learn for the future.
Read MoreNews and analysis on the global fight against fraud.
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