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.

A tearful Michael Wright of Saddle River, New Jersey, was sentenced by U.S. District Judge Colleen McMahon, who likened his crime to those of multibillion-dollar Ponzi scheme king Bernard Madoff.

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

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

A 44-year-old New York-based attorney has pleaded guilty to charges stemming from a $19 million real estate Ponzi scheme, among other misdeeds. Robert Wisnicki, who also pleaded guilty to ...

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 ...

By David Thomas Sept 18 (Reuters) - A disbarred Forest Hills, New York, attorney on Monday pleaded guilty to federal charges stemming from his roles in an $18.8 million Ponzi scheme and a $30 ...

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.