All Posts Tagged Tag: ‘Scheme’

Liberty Reserve Founder Indicted On $6 Billion Scheme

A $6 billion scheme has been uncovered by U.S. authorties today that indicts the founder of Liberty Reserve and others involved in the scheme. Wired reports that the $6 billion scheme that was just revealed today in court documents is the largest international money-laundering scheme ever prosecuted. This was the result of Liberty Reserve serving as the hub in which …

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Don Lapre, Famous Internet Marketer Commits Suicide

Don Lapre was a famous and infamous internet marketer who committed suicide over the weekend while waiting in jail for his trial. Lapre had been arrested for 41 counts of conspiracy, mail fraud, wire fraud, promotional money laundering, and transactional money laundering. Lapre started his business in 1990, based around credit repair. Soon after he began selling booklets, helping people …

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