Description :

Peter Foster

Peter Foster is a notorious fraudster infamous for his weight loss scams and crypto-currency frauds. In his late teens, Foster with his natural charm and brilliant mind started his chain of scams and frauds. “He started with insurance fraud for the boxing matches he promoted during the year 1980 and ended with the crypto frauds in 2021”.

In between he marketed and sold weight loss supplements such as teas, tablets and gels with a promise of effective weight loss and swindled as much as $6 million from the sales which was later found out to be a scam and for which he was sentenced to prison. After the weight loss scam, he entered the ocean of sports trading and took his way of scamming again. He was finally captured in the year 2021, after being a fugitive for years.