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 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 ...

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

Mr. Ponzi began telling New York investors in December 1919 that investments in foreign postage coupons could yield 50 percent returns in 45 days.

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