By James Finn
The Advocate, Baton Rouge, La.
FOREST HILLS, La. — A small town police chief admitted Tuesday to pocketing thousands of dollars in kickbacks to churn out bogus police reports, marking the fourth and final lawman to plead guilty in an immigration fraud case that has roiled central Louisiana since it became public last year.
Former Forest Hills Police Chief Glynn Dixon, one of four cops charged last summer under what federal prosecutors called a yearslong scheme to profit from bogus visa applications, entered a “guilty” plea Tuesday on a single count of conspiracy to commit visa fraud, court records show.
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An attorney listed in court records as representing Dixon, Kevin Stockstill, did not immediately respond to an email and phone message.
The former chief initially denied the charges for which he was arrested…
THE HASHFLARE “CLOUD MINING” PONZI SCHEME (GLOBAL/ESTONIA)
Date: February 13, 2025 (Guilty Pleas) Perpetrators: Sergei Potapenko and Ivan Turogin
Case Description: This $577 million cryptocurrency fraud remains one of the largest digital asset scams in history, with major legal developments concluding in 2025. Potapenko and Turogin operated “Hashflare,” which they marketed as a massive cryptocurrency mining operation. Hundreds of thousands of victims worldwide purchased “mining contracts,” believing they were renting hash power to mine Bitcoin. In reality, the duo was running a sophisticated Ponzi scheme.
They created fake customer dashboards that showed “real-time” mining profits, but the money being paid out was simply the capital of newer investors. They laundered the proceeds through shell companies to purchase luxury real estate and a fleet of high-end vehicles. After a massive international investigation involving the FBI and Estonian authorities, the pair agreed to forfeit over $400 million in assets. This case underscores the “Cyber-enabled Fraud” warning issued by the FATF in early 2026: as technology evolves, the scale of fraud moves from local millions to global billions in the blink of an eye.
Link to Original: ACFE – High Profile Fraud of 2025