Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

A 41-year-old Mont Belvieu man has been sentenced to federal prison for wire fraud related to a Ponzi-style investment scheme ...

Was Philadelphia-based merchant cash advance company Par Funding truly a Ponzi scheme — or did federal regulators introduce ...

A niche automaker focused predominantly on the production of cost-effective, durable taxicabs, the Checker Motors Corporation was best known for now-iconic models such as the Marathon. The Marathon ...

Charles Ponzi, pictured in Boston in July 1920 with a gold-handled cane and a diamond stickpin, lured investors by claiming he found a way to make huge profits buying international postal reply ...

Forsage co-founder Olena Oblamska was extradited from Thailand and pleaded not guilty to wire fraud conspiracy in the $340M DeFi Ponzi scheme case.

Federal prosecutors in Orlando have filed a civil forfeiture complaint to seize seven properties and 11 vehicles linked to a ...

A Belagavi court has remanded Shivaanand Neelannavar, the alleged kingpin of a multi-crore ponzi scheme, to 10 days of CID ...

NEW YORK (Reuters) - Bernard Madoff, who for decades masqueraded as a successful and trustworthy Wall Street kingpin before admitting to running the largest known Ponzi scheme in history, died on ...

Cho Hee-pal orchestrated Korea's largest Ponzi scheme, defrauding 70,000 victims of $3.4 billion. After fleeing to China, his ...

Police uncover alleged Rp 4.6 trillion Ponzi scheme run through a cooperative, with 41,000 victims across Indonesia.

A pair of e-commerce entrepreneurs who bought a number of well-known retail brands — including RadioShack, Modell's Sporting Goods and Pier 1 Imports — out of bankruptcy are accused of running a Ponzi ...