HashFlare’s Sergei Potapenko and Ivan Turõgin were given time served after spending 16 months in custody while pleading ...

HashFlare founders Sergei Potapenko and Ivan Turõgin, both 40, got time served after they were sentenced to 16 months ...

Sonoma's biggest property fire sale begins as $400M LeFever Mattson empire collapses. Six sales completed, dozens more coming ...

Two men from Estonia, Sergei Potapenko and Ivan Turõgin, have been sentenced in the United States for running one of the ...

But what is a Ponzi scheme? And why does it bear this name? First, you need to know a little bit about its namesake, Charles Ponzi. Anyone can work a simple swindle, but you have ...

Thomas Petters orchestrated a $3.7 billion Ponzi scheme using empty warehouses and fake purchase orders to dupe sophisticated ...

The High Court found the defendants had breached their duties. Read more at straitstimes.com. Read more at straitstimes.com.

A Leander man was sentenced in a Ponzi scheme case with more than 100 victims, federal officials said. Nicholas Bonneville, ...

Two former directors of the insolvent Envy Group of companies are liable to investors for as much as $654 million lost in a nickel-trading scam and Singapore’s largest-ever Ponzi scheme, the High ...

Victims of an alleged $100 million Ponzi scheme orchestrated by a Kentucky rancher dubbed the “Bernie Madoff of cows” have filed suit against lenders for allegedly failing to heed red flags ...

Victims of a deceased financier known as the "Bernie Madoff of cows" are suing three banks, alleging they enabled the fraud that resulted in a $100 million Ponzi scheme. Some of those duped by ...