Former NFL player John Robert Leake was sentenced to 2.5 years in prison for defrauding $5M from friends in a ...

A South Jordan man is accused of operating a $5 million Ponzi scheme in Utah and using the earnings to purchase real estate, a personal chef and a sports car.

Even as mutual funds gain traction across India, one region remains dominated by unregulated schemes. A lack of financial ...

Former NFL linebacker John Robert Leake has been sentenced to 30 months in federal prison for running a ponzi scheme in which ...

From Bernie Madoff’s $65 billion fraud to schemes that fooled millions, these Ponzi scams shook the world. How did they trick investors, and what finally led to their downfall? Find out the shocking ...

car payments and rent, prosecutors said. The operation fits the classic definition of a Ponzi scheme where someone takes money from investors for a fraudulent business product. Investors think ...

WILMINGTON, N.C. (WITN) - The feds say a former Greenville car dealer has pled guilty to a Ponzi scheme that caused over 60 investors to lose more than $8 million. The Department of Justice says ...

Demonstrators say they are aiming at hitting the pockets of Tesla CEO Elon Musk, charged by Trump with downsizing the federal ...

Mumbai: Mumbai Police has claimed that apart from thousands of customers, 43 employees who worked at various showrooms of ...