A crypto investor from Kentucky was arrested in New York City this week after being accused of kidnapping and torturing an Italian tourist. John Woeltz, 37, was taken into custody after his alleged victim, a 28-year-old man, broke loose from Woeltz’s ritzy Nolita apartment and alerted a nearby traffic agent, telling them that he had
SINGAPORE: A man behind a multimillion-dollar wine investment scheme that caused investors to lose more than S$14 million (about US$10.9 million currently) was jailed for seven years and two months on Thursday (May 22) after being on the run for 13 years. Eldric Ko, 51, was the CEO of Premium Liquid Assets (PLA), which he
A New Zealand man has been arrested for allegedly being a part of an international criminal organization that stole $265 million in crypto assets from seven people. In a new press release, authorities allege that the unnamed Wellington man participated in a scheme that fraudulently obtained the crypto assets by manipulating victims between March and
CLARE, Mich. (WNEM) – The founder of a nonprofit in Clare was charged with multiple felonies related to his management of a grant awarded to his organization. The Michigan Attorney General’s Office said in 2023, the state budget included a $25 million appropriation for a “community health campus pilot project.” David Coker Jr., 51, of
A Newport Beach attorney who admitted that she swindled investors out of $8.7 million in order to bankroll her lavish lifestyle and high-rolling gambling habit was sentenced Monday, May 5 to one year and nine months in federal prison. A luxuriant lifestyle of high-end jewelry, luxury cars, a six-month stay at a opulent Las Vegas
Before her second trial even began, accused murderer Karen Read told Vanity Fair she owed her attorneys more than $5 million in deferred fees. “If I can get the entire truth of this case out in the public forum, that, to me, is priceless,” the accused murderer told Vanity Fair. Read told Vanity Fair she’s living
Con-artist who stole millions in Ponzi scheme sentenced to 18 years A globe-trotting con artist who defrauded 237 victims out of $24.5 million to fund a lavish lifestyle was sentenced to 18 years in federal prison. unbranded – Newsworthy Social media finance influencer Tyler Bossetti, 31, of Columbus, Ohio, faces federal charges for allegedly defrauding
What is cryptocurrency? How it works Cryptocurrency is a form of digital currency that uses cryptography for security and operates independently of central banks. Springfield, Missouri, police received reports of over $1.2 million in cryptocurrency scam losses in 2024, with only $109,000 recovered. Police warn residents to be aware of common scam tactics like guaranteed
Top headlines of the week, April 25 2025 Here are some stories you may have missed this week in central Ohio. Social media finance influencer Tyler Bossetti, 31, of Columbus, faces federal charges for allegedly defrauding investors of over $11 million. Bossetti promised high returns on investments for property flipping but federal prosecutors say he
Here’s some common court terms that’s good to know Here’s a list of some of the most used legal jargon and their definitions. A former Howell man who admitted to bilking the government out of $3.75 million in funds set up to aid small businesses struggling during the COVID-19 pandemic has been sentenced to 16