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

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

Avocados imported from Mexico. A Hemet woman allegedly created a Ponzi scheme involving her avocado business, authorities say. (Robert Gauthier/Los Angeles Times) After a months-long investigation, ...

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

Daryl Heller, 56, of Lititz, allegedly ran the investment scheme through a series of companies he owned and controlled, ...

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 ...

A Texas man who ran a multimillion-dollar cryptocurrency Ponzi scheme will remain on the hook for more than $12.5 million in ...

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

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 ...

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 ...

WILMINGTON, N.C. (WITN/Gray News) - A former car dealer was sentenced to five years in prison for running a Ponzi scheme to keep his business open. Willard Sutton was sentenced in federal court in ...

A New Jersey financial advisor is appealing a lengthy prison sentence he received for a long-running Ponzi scheme that bilked investors out of more than $6 million. Vincent Dispoto Jr., 68, formerly ...