A case in point:Varo— a digital-only mobile financial service — will be moving its 2 million accounts from The Bancorp Bank to Varo Bank, after receiving approvals from the FDIC and Federal Reserve. Another example: Google is partnering with BBVA, Citi, and a handful of other financial i...
Scammers offer an opportunity to invest in high-yield promissory notes, which work much like bonds. But the scammer never actually loans money to a third party. He simply takes the investor's money. Or he does make the loan, but he pays the investor less than promised. Prime Bank Scams...
The bitcoin can go as small as 0.000000001 BTC, worth couple of USD/EUR, making it quite possible to invest in no matter how big or small your investment capital is. Every BTC is divided into 1 million units called a ‘satoshi’ (smallest bitcoin unit) and these could be purchased at ...
Kagel and his co-conspirators fraudulently induced victims to invest in programs promising high returns through AI trading bots. They falsely claimed Kagel held $11 million in Bitcoin as escrow to guarantee investments. Kagel admitted using victims...
These so-called “paper assets” areaccessible to just about everyone— you can even invest right from your phone with services likeRobinhood. (They’ll even give you a free share of stock to get you started.) Stocks, bonds, and mutual funds and ETFs are alsohighly liquid,meaning you can...
technologies available, the majority of the complexities that were seen in stock markets are now gone. The Bamboo app can now grant you access to over 3,000 stocks that are listed either in the Nigerian Stock exchange or the United States Stock Exchange all accomplished through your mobile ...
Stocks!As a young person, very early in life, you should invest in growth. Capital preservation will become more important later in life, but as a college student, you don’t have much capital to preserve. The emphasis needs to be getting to the point where that’s necessary, and that...
Fraport have promised to invest €330 million in airport infrastructure. The investment was expected to improve the quality and efficiency of airport operations. This might also help to attract more tourists to Greece since they will enjoy a more pleasant experience at the airp...
Charles Ponzi didn't necessarily intend to create a pyramid scheme, but his scheme took on that form. He first convinced people to invest in his business idea. When the business didn't make enough money to repay the investors, he got new investors and used their money to repay the origina...