crypto ponzi scheme - Financial Fright

Case Studies

Bitconnect Ponzi: Complete Timeline of $2.4 Billion Scam

Bitconnect founder Satish Kumbhani analyzing a holographic blueprint of the Bitconnect Ponzi scheme, showing how he diverted $2.4B from new victims to his personal vault

“BITCONNEEEECT!” The scream heard around the world. The promise of 1% daily returns. The trading bot that didn’t exist. And the $2.4 billion Ponzi that collapsed in 24 hours, destroying hundreds of thousands of lives. This is Bitconnect—crypto’s original sin.

BBO
October 28, 2025

Executives John Stumpf and Carrie Tolstedt, central figures in the Wells Fargo fake accounts scandal, with an "Eight is Great" sales banner in the background.

Case Studies

Wells Fargo Fake Accounts: 3.5 Million Fraudulent Accounts Exposed

"Eight is great!" the sales goal at Wells Fargo. Eight products per customer. Except…

BBO
November 13, 2025

A dark, gritty feature image illustrating the Enron Accounting Fraud, showing Jeffrey Skilling and Andrew Fastow at a press podium under harsh lighting, with the title 'ENRON ACCOUNTING FRAUD' in red stencil text above them.

Case Studies

Enron Accounting Fraud: How Employees Lost Their Retirement

America's 7th largest company. "Most Innovative Company" six years running. Then one…

BBO
November 8, 2025

Feature image of the WeWork collapse, showing Adam Neumann smiling smugly as a massive tower of WeWork desks and 'W' logos burns and collapses behind him. A tombstone in the foreground reads 'WeWork $47 (RIP)'.

Case Studies

WeWork Collapse: Adam Neumann’s $47 Billion Valuation Scam

$47 billion valuation. "We're elevating the world's consciousness," the CEO said while…

BBO
November 4, 2025

A cinematic close-up of Elizabeth Holmes, portraying the Theranos fraud. Her face is half in shadow, and a single black tear is running from her eye.

Case Studies

The $9 Billion Theranos Fraud: How Elizabeth Holmes Fooled Everyone

A 19-year-old dropout promised to revolutionize blood testing with one drop from a…

BBO
November 2, 2025