• If a guy in a shirt and tie is pointing to a magical electronic pyramid in the air while on a cell phone, chances are it's a Ponzi scheme and you should run away (via Shutterstock).
    Bitcoin,  United States

    CFTC says investors were duped by a $47 million Ponzi scheme

    Control-Finance Ltd promised returns of 45% a month that were backed up by fictitous accounts, complaint alleges

    The Commodity Futures Trading Commission (CFTC) is seeking the return of nearly 23,000 bitcoin (BTC), then valued at $47 million, as well as a fine plus the barring the principals of UK-based Control-Finance Ltd. from trading.