Showing 4 results for:


by Topic

All results

Jrue Holiday Among Victims Allegedly Defrauded Out Of Over $13M Thanks To An Ex-Financial Advisor

Jrue Holiday and former NBA players were targets of a fraud scheme involving around $13 million .

Samantha Dorisca

Mar 24, 2023

Inside The Scam That Used Chance The Rapper's Name To Defraud People Out Of Thousands Of Dollars

In 2016, Spike Lee called Chance the Rapper a fraud, according to XXL Magazine . Today, there’s someone out there that uses his name — and there’s no question that it’s a fraud. A new report released by CBS News revealed that a Chicago-area man has been using the rapper’s name to defraud unsuspecting women out of tens of thousands of dollars. The man, who is going by the pseudonym Jeffrey Washington, has been claiming that he’s working with CEDA (Community and Economic Development Association), together with Chance the Rapper, to help people “pay off financial obligations.” These financial obligations include mortgages, utility bills, and car insurance. But there’s just one problem with the scam: CEDA doesn’t cover what the scammer claims it covers. Instead, according to its official website, CEDA provides “heating and cooling assistance” to low-income residents of Chicago. And while the not-for-profit doesn’t provide mortgage assistance, it does provide assistance with affordable...

Nearly 20 Former NBA Players Arrested For Their Alleged Role In A $4M Healthcare Scam

Nearly 20 former NBA players have been arrested by the Feds for their alleged role in a healthcare scam. NBC 4 New York was the first to break the story. According to the local NBC affiliate, the scheme involved plans to rip off the insurance provided by the league to NBA players both past and present. The charges were filed in the Southern District of New York on Thursday, Oct. 7. A full list of NBA players who were arrested in the scheme can be found below. Some of the players charged include: – Milt Palacio – Sebastian Telfair – Antoine Wright – Darius Miles – Ruben Patterson – Eddie Robinson – Gregory Smith – Glen Davis – Jamario Moon (1/2) — Tom Winter (@Tom_Winter) October 7, 2021 More former players: – Terrence Williams – Alan Anderson – Tony Allen – Shannon Brown – William Bynum – Melvin Ely – Christopher Douglas-Roberts – Tony Wroten (2/2) — Tom Winter (@Tom_Winter) October 7, 2021 “According to the grand jury indictment, the defendants allegedly engaged in a widespread...

South African Brothers Turned Founders Vanish Along With $3B In Bitcoin

Two South African brothers have reportedly vanished from the public, and their disappearance may have caused Bitcoin worth $3.6 billion from their cryptocurrency investment platform to vanish as well. According to a report from Bloomberg, investors of Africrypt’s platform have hired a Cape Town law firm to investigate the brothers’ disappearance after reporting that the pair cannot be located at this time. An elite police unit called The Hawks has also been alerted as this could possibly be part of the biggest-ever dollar loss in a cryptocurrency scam. Crypto-exchanges across the globe have also been informed of the incident should any attempt to convert the digital coins be made amid their disappearance. Bloomberg reports that Bitcoin’s value has surged over the last year, but nearly 69,000 coins — worth more than $4 billion at their April peak — could now be lost. Amid the rising cases of fraud in cryptocurrency, this could trigger more regulation efforts to restore order in the...

Njera Perkins

Jun 25, 2021