$300 Million Ponzi in Gold, SEC Says | Courthouse News …
SEATTLE (CN) – The SEC on Thursday charged six men with running a $300 million Ponzi scheme through a putative gold mining operation. Two Canadians, Milowe Allen Brost and …
B.C. Securities Commission fines 3 for gold mine fraud | CTV …
Three B.C. residents have been ordered to pay nearly $1 million in penalties for their roles in an elaborate fraud that U.S. regulators described as both a Ponzi and a pyramid scheme.
SEC Charges Perpetrators of $300 Million Ponzi Scheme …
Washington, D.C., June 10, 2010 — The Securities and Exchange Commission today charged four Canadian men and two others living in Florida with perpetrating a $300 million …
NexGold Mining Corp
NexGold Mining Corp. is a gold-focused exploration and development company with assets in Canada and is listed on the TSX Venture Exchange ("TSXV") under the symbol "NEXG" and on the OTCQX® Best Market under the symbol NXGCF. NexGold's -owned Goliath Gold Complex in northwestern Ontario has received federal government permission ...
Mine company names
This name generator will give you 10 random names for mining companies, mine shafts, excavation businesses and other similar themes. The names have been loosely based on real life names. However, the vast majority of names in real life are simply the name of either the place or the owner with the words 'mining company' or another synonym ...
Mass. men charged in alleged $15m Ponzi scheme
Seven men, including one from Malden and one from Revere, are accused of defrauding more than 1,400 investors worldwide with a series of increasingly fabulous claims …
SEC Files Complaint to Halt $300 Million Ponzi Scheme …
Last week, the United States Securities and Exchange Commission ("SEC") filed a complaint against several individuals charging that they perpetrated a $300 million Ponzi scheme, selling …
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A Gold Producer In The Americas, EXPANDING For Tomorrow. Featured media. Marmato Lower Construction – September 2024 Update. Marmato Lower Mine Construction Update. View All. Financial results. August 13, 2024. Q2 2024 Results. Financial Report. MD&A. AIF. View All. Corporate Presentation – October 2024. View All. Upcoming events.
The 10 Most Notorious Investment Scams of All Time.
#4. Michael de Guzman Estimated Loss: $3 billion Scam: Falsifying Gold Samples Prison Sentence: n/a. Michael de Guzman was a pivotal figure in one of the most infamous mining frauds in history ...
Calibre Mining Corp. | Home
Calibre Makes a New Discovery Along the VTEM Gold Corridor at the Limon Mine; Drilling at the Past Producing Talavera Mine Hits Additional High-Grades; Drilling Intercepts Include 13.26 g/t Gold Over 4.9 Metres and 4.92 g/t Gold Over 10.3 Metres ... Calibre Mining Corp. Suite 1560 - 200 Burrard Street Vancouver, BC Canada V6C 3L6. Home ...
GOLDPORT CORPORATION | Guyana Gold | Junior Mining …
Gold Port Corporation is an established gold exploration company focusing on Guyana, South America. The Company owns of the Groete Gold Project, which contains a NI 43-101 Technical Report defined gold copper inferred resource. With an experienced management team, corporate owned exploration equipment, and significant exploration …
Sprott warns of history's biggest Ponzi scheme
The company's main asset is the Pardo paleoplacer gold project located 65 km northeast of the Sudbury mining district. Staff Writer | October 21, 2024 | 10:25 am More News
SEC Files Charges Over $300 Million Gold-Mining Ponzi …
The SEC just announced charges against the ringleaders of a $300 million Ponzi scheme that saw 3,000 Canadian and American investors buy worthless shares in an allegedly bogus gold-mining enterprise.
Home |Scorpio Gold Corp.
Scorpio Gold Participates in 121 Mining Investment New York and 2024 Kinvestor Day Virtual Conferenc... October 8, 2024 Scorpio Gold More Than Doubles Land Position, Further Consolidates Manhattan District. View All …
Home |Scorpio Gold Corp.
Scorpio Gold Participates in 121 Mining Investment New York and 2024 Kinvestor Day Virtual Conferenc... October 8, 2024 Scorpio Gold More Than Doubles Land Position, Further Consolidates Manhattan District. View All News. Investors. Download Fact Sheet Download Corporate Presentation. Stock Info.
(PDF) Ponzi Scheme: A Violation Against Good Corporate …
Ponzi scheme is one of the most common types of fraud perpetrated by con artists. The reason for this is that the mode is relatively easy to conceal. ... (KCKGP), gold investment scheme by East Gold Mining Corporation (EGMC) and Gold Mining corporation (VGMC), and the one which is recently and famously revealed case is First Travel. QSAR ...
Redcat's Boards-Receivership ordered in alleged Ponzi scheme
Some of the missing funds were shifted into a clutch of firms once controlled by Gary Sorenson, an Alberta businessman who has been found guilty in the U.S. of orchestrating a $300-million US gold mining Ponzi scheme. One of those companies was Merendon de Ecuador - the same Ecuadorean gold mining firm the Jarmans have taken over.
sbm/sbm gold ponzi scheme.md at main · jgw2023/sbm
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SEC Enforcement Actions Against Ponzi Schemes
Merendon Mining Inc. - SEC charged six individuals and four companies with perpetrating a $300 million Ponzi scheme on investors in a purportedly successful gold mining …
How the Scammers Behind Gold Mining …
There was an apparent second phase to the scam, starting around September 2012: a plan to list Panamanian VGMC's non-existent gold mining assets via a supposed BVI-registered closed end fund, Asia(n) Gold Mining …
Allied Gold Corporation
Allied Gold Corporation (TSX:AAUC) is an international gold mining company with a diversified portfolio of long-life assets that have significant near-term growth upside. These assets, which include both producing and development stage properties, are located in African jurisdictions supportive of mining, including Mali, Côte d'Ivoire and ...
Vortex Profits Review: Bitcoin mining and gold & oil trading Ponzi
Vortex Profits claim to generate external ROI revenue through bitcoin mining and gold and oil investments. The company provides no evidence of any mining or trading taking place, or any other source of external revenue being used to pay affiliates with. Furthermore Vortex Profits' claims fail the Ponzi logic test.
SEC.gov | Merendon Mining (Nevada) Inc., Larry Lee Adair, …
The complaint alleges that Milowe Allen Brost, Gary Allen Sorenson, Larry Lee Adair, Ward K. Capstick, Bradley Dean Regier, Martin M. Werner, Syndicated Gold …
U.S. GoldMining Inc.
Whistler is a large gold-copper porphyry exploration project located 105 miles (170 km) northwest of Anchorage, Alaska, USA, covering a comprehensive regional land package totalling 53,700 acres (217 sq km).
PROJECT: PONZI AND INVESTMENT SCAMS
This fraudulent investment scheme falsely claimed an association with Centamin, a legitimate mining company that primarily operates the Sukari Gold Mine in Egypt. It targeted potential investors by promising opportunities to invest in mining equipment and operations, often using social media platforms like WhatsApp and fraudulent websites to ...
Hungary's glittering future: Gold and silver rush reignites
A company responsible for the project has already been registered, namely the Börzsöny Aranybánya Concession Mining Company. It is in the process of obtaining the necessary permits. The company aims to extract 1,000 metric tonnes of gold and 1,000 metric tonnes of silver over the next 12 years .
Gold mine Ponzi scheme ruined B.C. residents' lives, …
A B.C. Securities Commission panel has found three B.C. residents conspired in an international Ponzi scheme that defrauded 137 fellow British Columbians of nearly $1.5 million.
Mining tax breaks cost Canadians over $500M a year, finds …
An investigation from the Washington-based group found investments in B.C.'s Golden Triangle have the 'structural and operational attributes of a Ponzi scheme.'
Curipamba copper-gold mine construction to begin in 2025
Silvercorp Metals (TSX, NYSE: SVM) and Salazar Resources (TSX-V: SRL) are gearing up to kick off construction of their Curipamba-El Domo copper-gold mine in Ecuador in early 2025. After receiving ...
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FILMINERA RESOURCES CORPORATION We Mine Responsibly 15 Billion (PhP) Comm Dev Projects 14001 ISO Certified Company 250 Million USD Single Private Investment *data as of June 30, 2023 ENHANCING EMPLOYMENT AND ENTREPRENEURSHIP IN MASBATE Read More MORE THAN REVIVING THE ENVIRONMENT FROM RIDGE TO REEF Read More …