For decades, Miles “Burt” Marshall was the man you went to see in a stretch of upstate New York if you had some money to ...

Federal prosecutors charge two men in a $200 million Ponzi scheme involving fake water vending machine profits.

Two men have been federally indicted in New York on charges related to two Ponzi-like schemes involving water vending ...

A Florida man known for his sports-related philanthropy pleaded guilty Wednesday to running a multistate Ponzi scheme that prosecutors say left investors with up to $100 million in losses.

A US judge has ordered EminiFX founder Eddy Alexandre to repay $228 million after the platform was ruled a Ponzi scheme that ...

Charles A. Bennett, 56, a former corporate lawyer at a New York City-based law firm, was permitted to remain free of shackles at Roosevelt Hospital after his attorney, Julia Gatto, made a ...

The Department of Justice (DOJ) charged Wear with one count of securities fraud and one count of wire fraud, each of which ...

When investors began asking questions, Wear allegedly ran the operation like a Ponzi scheme — using new investments to pay ...

"The greed and deception of this Ponzi scheme has resulted in the same way they have throughout history," said Daniel ...

A Washington state entrepreneur and a former Jefferies portfolio manager were criminally charged on Thursday over a Ponzi ...

Eddy Alexandre, founder of EminiFX, must pay over $228 million to investors after his platform was exposed as a Ponzi scheme.