Regulator issues permanent ban in fraud, illegal distribution case
Regulator alleges that alt lender began using investor money to pay returns
More than US$40M raised from investors on false promise of automated trading returns
Real estate investment scheme was touted on YouTube and Facebook
Investors were allegedly misled about the value, utility and trading of the crypto token involved
Court orders $22.7M in restitution to harmed investors in Strike Holdings case, along with jail time
Ponzi scheme targeted elderly churchgoers, U.S. authorities charged
Alleged scheme sold US$46 million in phantom interests in genuine vehicles
Fake advisor admits to fraud, money laundering, witness tampering
Funds overstated performance, used investors' money to pay distributions