Miami Attorney Talks Risk, Recovery Process in Ponzi Scheme as Scammer Who Duped Investors Out of $94M Awaits Sentencing “If he’s a good Ponzi schemer, then he has either taken the investors’ money ...

Todd Burkhalter pleaded guilty to orchestrating a $380 million scam, likely the largest Ponzi scheme in Georgia history. Prosecutors recommended a 17.5-year prison sentence for the CEO after he ...

The Ponzi Scheme journeys through the fascinating experiences Italian-born swindler Charles Ponzi had from the day he left his native country for the U.S.A. to the time he achieved fame and prosperity ...

(Original Caption) Charles Ponzi, the "financial wizard" of Boston who succeeded in amassing a fortune through his endless chain of sales of Foreign Exchange following the World War, later went to ...

Todd Burkhalter, founder and CEO of Drive Planning LLC, pleaded guilty to wire fraud Wednesday after admitting he orchestrated a sprawling $380 million Ponzi scheme that defrauded 2,000 investors.

TRENTON, NJ — A Ponzi schemer from Ocean County who was pardoned by President Donald Trump in January 2021 has been sentenced to prison for a new conviction in a new multimillion-dollar fraud scheme.

"[T]he courts are kind of catching up to the amount of damage that these guys do. The sentences are getting longer, which is a good thing," said Jason Kellogg, partner at Levine Kellogg Lehman ...

DAYTON, Ohio (WDTN) — Two Butler Township residents have been indicted, accused of taking more than $11 million in investment dollars from their victims in an alleged Ponzi scheme. The couple faces ...

The Securities and Exchange Commission alleged this week that Retail Ecommerce Ventures, the company that bought RadioShack out of bankruptcy in 2020, ran a Ponzi scheme that defrauded investors out ...

The Securities and Exchange Commission (SEC) has revealed that Nigerians lost an estimated N300.2 billion to fraudulent investment schemes in recent years, prompting the Commission to intensify its ...

A financial group chief executive is accused of running the largest Ponzi scheme in Georgia’s history to fund a high-end lifestyle, which included purchasing a yacht, a multimillion-dollar condo in ...

Atlanta — A financial adviser in Georgia pleaded guilty Wednesday to wire fraud in a Ponzi scheme that bilked more than 2,000 people out of $380 million, federal authorities announced. Prosecutors ...