The SEC accused Alex Mehr and Tai Lopez of misleading investors about the struggling retail brands' performance.

A pair of e-commerce entrepreneurs who bought a number of well-known retail brands — including RadioShack, Modell's Sporting ...

Madoff, Stanford, and Holmes prove fortunes built on lies collapse fast. Fraud and Ponzi schemes erased billions and left them with nothing.

The Securities and Exchange Commission alleged this week that Retail Ecommerce Ventures, the company that bought RadioShack ...

Berkshire Bank, a Boston-based bank with five locations throughout Rhode Island, is facing a federal class action lawsuit alleging it helped facilitate a $100 million Ponzi scheme operated by Miles ...

The Massachusetts bank is being accused of aiding and abetting the operation of a Ponzi scheme centered in Hamilton, New York ...

Lagos, Nigeria — Mandela Fadahunsi, who works at a technical training school in Ikeja in Nigeria’s Lagos, never believed he could fall victim to a Ponzi scheme. On April 6, the 26-year-old was ...

A Gwinnett County man at the center of a Channel 2 Action News investigation into an alleged international Ponzi scheme is now facing a new federal lawsuit. The complaint filed this month in the U.S.

FBI agent says Madoff came close to shredding most damning files. — -- Even before he admitted his Ponzi scheme to his family, Bernard Madoff had begun a plan to destroy the most damning evidence ...

Two men — Ryan Wear, of Everett, Washington, and Jordan Chirico, of Carmel, Indiana — have been indicted in New York on federal criminal charges related to two Ponzi-like schemes involving water ...

Scott Anderson Hall, a former stockbroker previously convicted in a $3 million Ponzi scheme, pleaded guilty to lying to his probation officer. Hall falsely claimed to be working as a consultant while ...