Ponzi / Pyramid

The yacht, the Bentley, the diamond ring, and the kid who borrowed against his car

For eight years, IM Mastery Academy sold young people a trading education backed by Bentleys and Bulgari watches. The FTC says the trainers had no trading records, the claims were baseless, and the lifestyle was the product. The receipts are now in receivership.

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Pump & Dump

Three out of four products failed. That was not an accident.

France's consumer fraud authority tested more than 600 products from seven foreign online platforms and found that 75% violated EU safety rules, with nearly half of those deemed potentially dangerous. The regulator's own word for it: structural. Not a mistake. A model.

Charisma Stocks

The judge signed the order on a Monday. The $4.72 billion stays on the books.

Alex Mashinsky, the man who told 1.7 million people their crypto was safe, is now sitting in a federal prison cell and writing $10 million checks to the government he defied. The rest of the bill, $4.72 billion, is suspended. Not forgiven. Suspended.

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