Syracuse, N.Y. – It won’t get them their money back, but the victims of Burt Marshall’s alleged Ponzi scheme are celebrating his arrest this week on charges the Madison County businessman ...

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.

A Randolph couple has agreed to plead guilty to charges related to allegations that they ran a Ponzi scheme in which dozens of people were conned out of a total of more than $3.2 million, the ...

A prominent Dallas-based home-flipping franchisee of HomeVestors of America — known for its “We Buy Ugly Houses” ads — is being accused of operating a Ponzi scheme that defrauded investors ...

$91M Ponzi scheme run by Dallas-Fort Worth residents scammed investors, SEC says By Amy McDaniel. May 8, 2025 4:12 PM. The U.S. Securities and Exchange Commission seal hangs on the facade of its ...

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.

Explore Marietta man accused of $110 million Ponzi scheme. The appeals court said the plaintiffs, who invested from 2017 onward, failed to show their losses were a direct result of any Oppenheimer ...

A North Carolina bought a boat, a beach house, and luxury cars while defrauding investors in a $20 million Ponzi scheme.William Lamar Rhew, III of Summerfield pled guilty to wire fraud, money ...

In May 2023, for instance, a FINRA arbitration panel ordered Oppenheimer to pay nearly $14 million in compensatory and punitive damages to five victims of Woods' Ponzi scheme.

That’s a classic Ponzi scheme scenario, they say. Advertisement Well, obviously in the very earliest days of the program (the early 1940s), there were many more workers than Social Security ...