Investment Fraud News & Updates

Illustrates the devastating impact of a **crypto scam** on **church donations**, showing money vanishing into digital abyss.

Crypto Scam Exposed: South Korea Church Administrator Loses $348K in Donations

September 23, 2025 coinpulse_staff

A shocking incident has rocked a Catholic church in Mokpo, South Korea. An administrator faces charges for allegedly embezzling substantial church donations. These funds, amounting to 480 million won (approximately $348,000), were subsequently lost entirely to a sophisticated crypto scam. This grave situation highlights the urgent need for heightened vigilance in financial management, especially concerning […]

Depiction of the **Thomson heiress lawsuit** where Taylor Thomson sues her ex-friend after a devastating **$80M crypto loss** allegedly influenced by psychic advice.

Shocking Crypto Loss: Thomson Heiress Sues Over $80M Psychic Crypto Advice Scandal

August 25, 2025 coinpulse_staff

A staggering **$80 million crypto loss** forms the core of a sensational legal battle. Billionaire heiress Taylor Thomson has launched a lawsuit against her former friend, Ashley Richardson. This dramatic case highlights the volatile nature of cryptocurrency investments. Furthermore, it introduces an unusual element: the alleged influence of psychic advice on investment decisions. Investors and […]

Arizona man pleads guilty in $13M crypto Ponzi scheme involving AI trading claims

Shocking $13M Crypto Ponzi Scheme: Arizona Man Admits Guilt in AI Trading Fraud

August 11, 2025 coinpulse_staff

In a shocking turn of events, an Arizona man has pleaded guilty to orchestrating a $13 million crypto Ponzi scheme that preyed on investors with false claims of AI-powered trading. This case highlights the dangers of unverified investment opportunities in the cryptocurrency space. How the Crypto Ponzi Scheme Operated Vincent Anthony Mazzotta Jr., 54, admitted […]

Europol busts $540M crypto scam with arrests and seized devices

Shocking $540M Crypto Scam Busted by Europol – 5,000 Victims Targeted

August 10, 2025 coinpulse_staff

In a major crackdown, Europol and Spanish authorities have exposed a shocking $540 million crypto scam that preyed on over 5,000 victims worldwide. The elaborate fraud involved fake investment schemes and sophisticated money laundering through crypto exchanges. Here’s what happened. How Did the $540M Europol Crypto Scam Operate? The fraudsters lured victims with promises of […]

Courtroom scene depicting the $650M OmegaPro crypto fraud case with defendants and judge.

Shocking $650M OmegaPro Crypto Fraud Exposed: Two Indicted in Forex Trading Scam

July 29, 2025 coinpulse_staff

In a shocking turn of events, two individuals have been indicted in Puerto Rico for orchestrating a massive $650M OmegaPro crypto fraud scheme. The U.S. Department of Justice revealed that victims were lured with promises of 300% returns through forex trading—only to lose their investments in what authorities call a blatant scam. What Was the […]

Arizona man guilty in $13M crypto Ponzi scheme involving AI bot and fake recovery service

Shocking $13M Crypto Ponzi Scheme Exposed: AI Bot and Fake Recovery Service Used to Scam Investors

July 29, 2025 coinpulse_staff

In a shocking turn of events, a 36-year-old Arizona man has pleaded guilty to orchestrating a $13 million cryptocurrency Ponzi scheme. The scam exploited victims through a fraudulent AI trading bot and a fake government-backed recovery service. This case highlights the growing sophistication of crypto fraud and the urgent need for investor vigilance. How the […]

Crypto Forfeiture: US Government Unveils $7.1 Million Investment Fraud Scheme

July 23, 2025 coinpulse_staff

The digital asset world is abuzz with a significant development as the U.S. government takes decisive action against illicit financial activities. In a clear signal that authorities are stepping up their efforts to combat crime in the crypto space, the U.S. Attorney’s Office for the Western District of Washington has filed a civil action to […]