News

House witness Dan Turner defends his characterization of Social Security as a 'Ponzi scheme' after a challenge by Rep. Robert Garcia during an oversight hearing.
Five charged for alleged scheme that promised to pay off mortgages. April 27, 2009— -- They were presented as investment opportunities, with live marketing pitches at luxury hotels in Beverly ...
The U.S. Attorney's Office said a funeral firm was a "Ponzi-like scheme". June 18, 2013 — -- An alleged former officer in a pre-paid funeral scheme that may have bilked 150,000 people out of ...