This wasn’t a lapse in judgment, it was a calculated, predatory scheme,” Alabama Attorney General Steve Marshall said.

The Charles Ponzi Story” is produced by Northbrook’s Will Malnati, starring Sebastian Maniscalco as the famous swindler.

A California investor is entitled to a $9.3 million default judgment against a purported film production manager and an ...

The CEO of First Northwest Bancorp is promising to fight a lawsuit claiming the lender helped a client perpetrate a Ponzi ...

(Alfons Moles / Getty Images) There has been a lot of talk over the years about Social Security being a “Ponzi scheme.” I have addressed this issue many times before, so I don’t want to bore ...

A federal judge dismissed Yotta's September lawsuit against the lender for alleged misappropriation of millions. Yotta filed ...

A Ponzi scheme is a type of financial fraud in which the "success" of the entity is propped up by paying returns to initial investors from the money invested by subsequent investors. A pyramid ...

During the three-hour Feb. 28 appearance, Musk said, “Social Security is the biggest Ponzi scheme of all time.” Critics of President Donald Trump and Musk, a White House adviser, used Musk ...

From meme stocks to Ponzi payments, the fall of a Coral Springs logistics company reveals a cautionary tale behind ...

Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme. Bacon told Esquire that he and his wife, Kyra Sedgwick, were "certainly angry" over the ordeal. The FBI called ...

The “Footloose” star said in a new interview that despite losing a fortune in Bernie Madoff’s infamous Ponzi scheme more than a decade ago, he now focuses on the blessings he still has in ...