Tag: Ponzi and Pyramid Schemes

How an Investor Lost $625,000 and His Faith in George Santos

Andrew Intrater, a wealthy businessman, has been in touch with the S.E.C. about Mr. Santos’s dealings on behalf of a company accused in a Ponzi scheme.

Sam Bankman-Fried Interview: Read the Transcript

In a discussion with Andrew Ross Sorkin of The New York Times, Sam Bankman-Fried blamed “huge management failures” and sloppy accounting for the collapse of the FTX cryptocurrency exchange.