Investors misled, lost US$650 million to purported trading venture
Pair sentenced in connection with a boiler room scheme
Investors were allegedly misled about the value, utility and trading of the crypto token involved
Ponzi scheme targeted elderly churchgoers, U.S. authorities charged
Regulators ask tech platforms to outlaw unauthorized promotions
Alleged scheme sold US$46 million in phantom interests in genuine vehicles
Online platforms need to help guard against misconduct, scams: regulators
Fake advisor admits to fraud, money laundering, witness tampering
Complaints of online investment fraud on the rise, police warn
Service has helped recover money for investors, generated enforcement referrals