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27,000 victims found in Brazil ponzi scheme - Vimarsana News

27,000 victims found in Brazil ponzi scheme

After the initial scheme's success, copycat schemers started opening shop; cryptocurrency-related violence broke out in the streets.

27,000 victims found in Brazil ponzi scheme - Vimarsana News

27,000 victims found in Brazil ponzi scheme

After the initial scheme's success, copycat schemers started opening shop; cryptocurrency-related violence broke out in the streets.

Source: fox43.com
AP News in Brief at 11:04 p.m. EST - Vimarsana News

AP News in Brief at 11:04 p.m. EST

Britain says Russia seeking to replace Ukraine government

Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt' - Vimarsana News

Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt'

The alleged scheme worked like this, according to prosecutors: Dos Santos would instruct clients to deposit their money – in cash to avoid further scrutiny – into bank accounts run by managing partners. The money would then be used by themselves.

Source: kxxv.com
Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt' - Vimarsana News

Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt'

CABO FRIO, Brazil (AP) — In April, Brazil's federal police stormed the helipad of a...