The FBI has arrested an Atlanta activist on fraud charges, after he set up a ‘Black LIves Matter’ group to enrich himself to the tune of $200,000. As donations poured in, the suspect bought himself tailored suits and a new house. Sir Maejor Page was arrested on Friday and charged with fraud and money laundering, with the FBI accusing him of misappropriating $200,000 in donations to his organization: ‘Black Lives Matter of Greater Atlanta.’ The organization was founded by Page – a well-known local activist – in 2016, but took in more than $466,000 in donations this June, July, and August, […]
Fraudster
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A federal judge ordered Eran Eyal, the founder of the Shopin cryptocurrency, to pay $450,000 in fines last week as a result of allegations he committed fraud. The U.S. Securities and Exchange Commission (SEC) alleged in December 2019 that Eyal, an Israeli national, committed a $42 million initial coin offering fraud, claiming he misappropriated at least $500,000 in investor funds. The SEC’s suit came within days of another filed by the New York Attorney General’s office. He pleaded guilty to three securities fraud schemes alleged by the NYAG’s office at the time and agreed to turn over $450,000 in an undisclosed […]
Having nerves of steel is an essential attribute for any confidence trickster, and Inigo Philbrick, 33, described as the art world’s Bernie Madoff for an alleged $20m fraud, certainly had those. Philbrick, who was arrested last week while strolling through the locked-down streets of the South Pacific island of Vanuatu, wearing just swimming trunks and a t-shirt, had made no attempt to hide his identity and had been using his own name to book tennis lessons and in dealings with local businesses on the island, the industry website Artnet reports. After being picked up, Philbrick was frogmarched to a Gulfstream jet […]