Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

Wynn A.D. Charlebois, 55, was handed a six-year sentence and ordered to pay more than $5.7 million in restitution.

A Charlotte man was sentenced to prison for stealing $6M from friends, family, fellow church members, and veterans in a ponzi ...

A Charlotte man has been sentenced to prison for orchestrating a Ponzi scheme, defrauding dozens of people across the country ...

A former Charlotte businessman has been sentenced to six years in prison for running a years-long Ponzi scheme that bilked ...

An Indianapolis broker is being charged with securities fraud by the SEC in relation to a now-defunct business, Drive ...

Gerry Linarducci, former managing director of Drive Planning LLC, faces charges related to an alleged scheme to defraud real ...

Doug Miller was convicted of multiple felony pleas on Tuesday for the Ponzi scheme prosecutors say he and others ran as part ...

Investopedia explains pyramid schemes, how they work, their different forms, and how people can avoid these fraudulent money ...