Investors lost US$50M in alleged Ponzi scheme: SEC
Fund investors lost over US$400 million on scheme, U.S. authorities charge
Scheme raised $150 million from investors for day trading, factor investing
Alleged fraudster, fund manager charged in vending machine scam
Eight-year-old enforcement action finally ends in sanctions
Instead of trading profits, scheme stashed investors' money in bullion
Court ruled that payments investors received were fraudulent, must be voided
Scheme allegedly promised high returns from AI-powered trading bots
U.S. advisor accused of running an investment fraud since exiting industry
Private investment fund operated as a Ponzi scheme