Indian authorities have arrested three scammers behind the FomoEX Ponzi scheme. What appears to be proactive regulation at first, might be tied to the collapse eOracle Ponzi scheme. The scammers behind FomoEX have been identified as Raghavendra, Nagaraju and Shivamurthy. All three suspects reside in HSR Layout, a suburb in Bangalore, India. As reported by [Continue reading…]

Source: FomoEX Ponzi admins arrested in India (eOracle too)

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