Recovery Scams

The neighbour who needed a short-term loan kept needing one for eighteen months

Timothy Paul Barnes asked friends, clients, and a charity he chaired for short-term loans. Eighteen months and nearly £2 million later, the money was in a crypto wallet that had already been drained by someone else.

By Ray Delgado · Jun 22
Latest
Ponzi / Pyramid

He told the court he was good with money. The ledger told the rest.

For more than two decades, Barry Kloogh sat across from Dunedin retirees and told them their money was working. It wasn't. The Serious Fraud Office put the loss at $15.7 million. The liquidator now says recovery will be roughly two cents per dollar invested.

By Elena Ruiz · Jun 3
Daily at 6AM Eastern

See the pitch they're running today.

Financial crime intelligence. The patterns, the tells, the playbook. Daily at 6AM before anyone asks you for money.

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