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 ...

Efrain Betancourt Jr. ran a payday loan business in Miami that prosecutors say operated like a “Ponzi scheme.” ...

SACRAMENTO — A Northern California man who tried to evade FBI agents with an underwater scooter pleaded guilty to a $35 million Ponzi scheme ... into a personal bank account.

May 21—A 28-year-old former Brookville man has been ordered to pay more than $2 million for his alleged involvement in a $146 million Ponzi scheme ... the funds to bank accounts controlled ...

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 ...

Federal authorities are accusing the owner of a Providence-based investment company in what they claim “has many hallmarks of a Ponzi scheme ... Anchor State’s bank accounts to buy a ...