Ponzi / Pyramid

The gallery kept the lights on. The paintings were never there.

Seojung Art sold nine years of monthly returns on paintings that had already been sold, or never existed at all. A Seoul court just put the CEO away for eighteen years. The 981 people who signed the contracts are still counting what is gone.

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Charisma Stocks

The deadline was the gun. The merger was the trigger.

Vadim Komissarov ran a SPAC into a deadline he could not afford to miss. To get the Lottery.com merger across the line, federal prosecutors say he helped manufacture revenue out of nothing. On June 24, 2026, a federal judge gave him three years.

Pump & Dump

The man who told you the stock was uninvestible was already covering his short.

A retail investor in Phoenix watched a Citron Research tweet and shorted Roku alongside the man he trusted. Federal prosecutors say that man had already closed his position. The trial of Andrew Left begins this week.

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