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Man in his 60s runs massive Ponzi scam while on probation for past fraud

Key Takeaways A South Korean man ran a $60 million Ponzi scheme targeting over 2,200 investors under the guise of AI and crypto businesses. The scam promised 300% returns and mainly affected victims aged 50-70, many of whom were unfamiliar with crypto technologies. Share this article South Korean police arrested a man in his 60s … Read more

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