Mexico | Investor's Watchblog

More Alleged Free Spending Ponzi Scamsters

On October 4, 2011, in Commodities, Currency Trading, Florida, Mexico, Panama, Ponzi schemes, Scams, The Vigilant Investor, by IW Dog

Your brain will enjoy thinking about itself.

There’s been an international flavor to the posts this week. The CFTC helps us continue the trend. The CFTC has filed charges against several individuals and related companies, alleging that they ran a Ponzi scheme constructed around supposed foreign currency trading. The CFTC’s press release about the case reads as follows: (more…)

SEC Halts Another International Ponzi Scheme

On July 29, 2009, in California, California, Investor Protection, Investors at Risk, Mexico, Ponzi schemes, SEC, Scams, Securities Industry (general), by Investor's Watchblog

Multi-national scams are on the rise and will continue to rise for the next two decades, at least. The U.S. Securities and Exchange Commission (SEC) has put a stop to another such alleged scam operating in the United States and Mexico. The SEC has charged Diversity Capital Investments, Inc., Diversity Capital Bancorp de Mexico Ltd. (“DCBM”), [...]

Multi-national scams are on the rise and will continue to rise for the next two decades, at least. The U.S. Securities and Exchange Commission (SEC) has put a stop to another such alleged scam operating in the United States and Mexico. The SEC has charged Diversity Capital Investments, Inc., Diversity Capital Bancorp de Mexico Ltd. (“DCBM”), Strong’s Capital Investments, Inc., the Optimus Fund, Damian Meneses, Edward Lantz Ferguson, and Joel S. Ley, Jr. (collectively “the defendants”) with securities fraud in connection with the alleged scam. According to the SEC’s complaint, the defendants:

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