(KRON) — A Sonoma man was arrested Thursday and accused of running a multi-million dollar Ponzi scheme that stripped some investors of their life savings. Kenneth W. Mattson, 63, was indicted by ...

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.

A California man who marketed himself as an investment advisor has pleaded guilty to 27 counts of wire fraud, money laundering, and witness tampering related to a Ponzi scheme that cost investors ...

A Redding man pleaded guilty on Thursday to swindling investors in a $35 million Ponzi scheme that used fake financial products and an existing medical business to persuade customers to trust him ...

DALLAS — The Securities and Exchange Commission has charged three DFW residents, accusing them of operating a Ponzi scheme that stole about $91 million from more than 200 investors. The SEC ...

Retirees who invested their life savings in a Marietta man’s $110 million Ponzi scheme can’t blame their losses on his former employer, brokerage and investment bank Oppenheimer, the Georgia ...

“These features,” the Commission noted, “are typical indicators of a fraudulent Ponzi scheme.” The Commission, therefore, cautioned members of the public to refrain from dealing with Tofro ...

(Alfons Moles / Getty Images) There has been a lot of talk over the years about Social Security being a “Ponzi scheme ... 2) Use discarded paper from wastebaskets for scratch pads.

An Austin-based real estate lender already under court-appointed receivership is facing allegations that its investment operation was a Ponzi scheme “from the very beginning,” according to the ...

He further wrote, “Having done all the checks, the platform flies all the flags of a Ponzi scheme”. But instead of normalcy being restored as promised, the platform was quick to crash.

The DOGE leader said, “Social Security is the biggest Ponzi scheme of all time.” Social Security converts wages from workers into retirement income for people who have claimed their Social ...