José Torres Martinez v. Eyal Avramovich Et Al: Complaint (‘Ponzi Scheme’) - OffshoreAlert

José Torres Martinez v. Eyal Avramovich et al: Complaint (‘Ponzi Scheme’) - OffshoreAlert

Complaint for damages of $17 million in José Manuel Torres Martinez, described as a citizen of Saint Kitts and Nevis v. Eyal Avramovich, described as a citizen of Saint Kitts and Nevis residing in Zyrardow, Poland; Mine Best Sp. z o.o., d.b.a. MineBest, of Poland; Data Center Tec Limited, of Nevis, and Hamilton Reserve Bank Ltd., of Nevis, at the High Court of Justice of St. Christopher and Nevis.

Civil practice – Class certification – Ponzi scheme

Where a plaintiff has moved for class certification in litigation arising from a hybrid Ponzi-pyramid scheme, the motion should be denied because individualized inquiries of both choice of law and damages will predominate over common questions at trial.

Columbus influencer pleads guilty to running $23 million Ponzi scheme

A Columbus influencer who doubled as a Ponzi scheme orchestrator pleaded guilty to wire fraud and aiding in a false tax filing on June 13. According to federal prosecutors, Tyler Bossetti, 31, ran a Ponzi scheme that he described as a real estate investment program. It netted more than $23 million from dozens of investors,… Source

U.S. finfluencer pleads guilty in Ponzi scheme

Real estate investment scheme was touted on YouTube and Facebook The post U.S. finfluencer pleads guilty in Ponzi scheme appeared first on Investment Executive.

Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme

A social media influencer who provided financial advice to over a million followers has pleaded guilty to wire fraud and aiding in a false tax filing in connection to defrauding investors out of more than $11 million.