Greed and ignorance continue to fuel the proliferation of Ponzi schemes, leading to financial disasters for many. Despite regulatory measures, fraudul ...

Sergei Potapenko and Ivan Turõgin, both 40, agreed to forfeit more than $400 million as part of their guilty pleas, per the ...

Las Vegas businessman Brent Kovar faces up to 330 years in prison after being indicted for allegedly operating a $24 million cryptocurrency Ponzi scheme in which he claimed to use an "artificial ...

Pharmacist Natalie Cochran killed her husband Michael with an insulin injection so he wouldn't learn about $2 million Ponzi ...

According to a Feb. 14 statement, Brent Kovar was accused of deceiving investors by falsely claiming his crypto investment ...

LAS VEGAS, Nev. (KOLO) - A Las Vegas business owner has been indicted after the DOJ says he was running a cryptocurrency ...

A Las Vegas businessowner made his first appearance in court in what investigators called a cryptocurrency fraud scheme that bilked hundreds of people out of close to $24 million.

All reward and no risk is how Nikos Phelps says the investment opportunity was presented to him. Although it sounded a bit far-fetched, he says the results spok ...

A San Fernando Valley man who uses the surname of a dynasty that once ruled Austria pleaded guilty Friday to a federal charge ...

He used victims’ money to buy a 1933 Rolls Royce Phantom II Continental Sedanca de Ville by Barker and throne armchairs from the 1800s, prosecutors said.

A Las Vegas man faces federal charges for allegedly running a cryptocurrency Ponzi scheme where he made about $24 million, prosecutors said Friday.