Two people whose Ponzi scheme raised a stunning $650 million from investors by falsely promising them profits from cattle and marijuana businesses were sentenced Friday to six years in prison. The ...

Ponzi was a huge buzz word in 2009, during which we saw almost four times as many investment scams fall apart as in 2008, the AP reported. Tens of thousands of investors watched more than $16.5 ...

(Bloomberg) -- The shale industry is no stranger to accusations of promising more oil than it could deliver and spending shareholders' money unwisely, but one group of alleged Ponzi schemers in Texas ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. An analysis of Ponzi schemes nationwide shows Florida ranks ...

The U.S. Department of Homeland Security last week sent a letter to two Estonian men telling them to leave the U.S. “immediately.” One problem: The two men are to be sentenced in federal court for ...

Every year, thousands of intelligent and otherwise capable people fall victim to some form of exploitation or fraud. The fallout is devastating, both financially and psychologically. Rates of ...