TL;DR The SEC filed a federal lawsuit on April 20, 2026 against Voyager Pacific Capital Management, LLC and three of its principals for running a Ponzi-like scheme that defrauded hundreds of real estate fund investors in California and across the…
TL;DR From March 2022 to February 2026, Trevor L. Vernon and his firm, Argent Capital Management, LLC, raised $14.8 million from more than 60 investors for a commodity pool called Argent Capital Partners, LP. Vernon sent fabricated performance summaries, monthly…
Securities Fraud Investigation He Stole $8 Million From His Own Investors to Pay for His Wedding, His Ex-Wife, and His Newspaper EvilCorporations.com • Case No. 1:26-cv-03408 (S.D.N.Y., Filed April 24, 2026) • Estimated Reading Time: 14 minutes TL;DR Jay S.…
TL;DR Christopher Kirchner, the former CEO of logistics startup Slync, orchestrated a multi-million dollar fraud that fueled his personal extravagance while his company collapsed. By fabricating bank statements and bypassing internal controls, he diverted nearly $25 million in investor monies…
TL;DR From 2010 to 2018, EquityBuild, Inc., run by Jerome and Shaun Cohen, operated a massive real estate Ponzi scheme. The scheme defrauded investors in over 1,200 promissory notes, promising 12-20% returns on properties on Chicago’s South Side. EquityBuild inflated…
TL;DR Marco Santarelli used his company Norada Capital Management to raise at least $62 million from hundreds of investors across the country, promising safe, stable, retirement-friendly returns of 12–17% per year. Norada’s actual portfolio was stuffed with bankrupt retailers’ intellectual…
TL;DR Kenneth Courtright ran a company called The Income Store that promised investors a guaranteed monthly income forever, backed by website advertising revenue. The company never generated enough revenue to cover those payments; instead, Courtright used money from new investors…
Financial Fraud • Targeted Exploitation • Federal Courts The $16M Ponzi Scheme Which Targeted African American Christians A CEO sold a dream of wealth and community prosperity to over 400 Black Christian families. He used their money to pay his…
EvilCorporations.com | Investigative Finance Voyager’s $1.7 Billion Con How Voyager Digital and its CEO turned everyday people’s crypto savings into the fuel for a scheme the government itself called “indistinguishable from a Ponzi.” Filed: October 12, 2023 | CFTC v.…
Fraud & Ponzi Schemes • Investment Fraud • Florida She Promised to Double Your Money. She Bought a Cruise Instead. Carole A. Liston collected $5.7 million from over 200 everyday investors with promises of 350% annual returns. The SEC says…