Madoff, Stanford, and Holmes prove fortunes built on lies collapse fast. Fraud and Ponzi schemes erased billions and left ...

Investors who allegedly lost tens of millions of dollars in a massive, long-running Ponzi scheme are suing Berkshire Bank, ...

On the same day that a class action lawsuit was filed surrounding the alleged Ponzi scheme of a Madison County tax preparer, ...

A Lititz man is facing charges, accused of bilking investors out of more than $400 Million. Daryl F. Heller, 55, of Lititz, ...

The court-ordered receiver handling the case against Newnan-based First Liberty Building and Loan has created a website so potential victims can get the very latest information on what the feds are ...

A California real estate mogul has been arrested and is facing multiple federal charges for allegedly running a 15-year Ponzi scheme that defrauded hundreds of investors out of nearly $30 million.

Daryl F. Heller faces federal charges for an alleged $402M investment fraud, affecting thousands. Discover the details of ...

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 ...

A 74-year-old Florida man could spend the rest of his life in prison after state investigators accused him of operating a ...

The charges were in connection with a $20 million Ponzi scheme. He was sentenced to 235 months’ (19 years and seven months) imprisonment followed by three years of supervised release. According to ...

Matthew Piercey will be sentenced in September for his role running a Ponzi scheme Lesley Cosme Torres is a writer at PEOPLE covering crime. She has been working at PEOPLE since 2025. Her work has ...