MONTGOMERY, Ala. (WSFA) - The director of the Alabama Securities Commission has shared more details about the reaction and early stages of the investigation into an alleged $140 million Ponzi scheme ...

Elon Musk has been on a mission to reduce government waste through the Department of Government Efficiency (DOGE). As of April 18, the agency estimates that it has saved $155 billion in total. And ...

(Original Caption) Charles Ponzi, the "financial wizard" of Boston who succeeded in amassing a fortune through his endless chain of sales of Foreign Exchange following the World War, later went to ...

More than 100 years ago, the name Charles Ponzi was splashed on newspaper front pages across the land and poured from radio broadcasts, putting the phrase “Ponzi Scheme” firmly into the arsenal of ...

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 ...

A California real estate mogul has been arrested and is facing multiple federal charges for allegedly running a 15-year Ponzi scheme that defrauded hundreds of investors out of nearly $30 million.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Stakeholders in an Austin-based ...

An Everett man is now under federal indictment for an alleged Ponzi scheme that was described by an investor as “the largest franchise fraud case in the history of the United States,” according to a ...

A Chinese woman who was found with 5 billion pounds ($6.6 billion) in Bitcoin after defrauding more than 128,000 people in ...

Buffett’s right-hand man, the late Charlie Munger, strongly defended the program. He said that he felt more strongly than ...

The Social Security benefits program has crucial differences from a Ponzi scheme, which is an illegal money-making fraud. A Ponzi scheme is based on signing up more and more investors to pay off ...