The owner of a water machine vending company and a portfolio manager were allegedly behind a Ponzi-like scheme that raised ...

An Everett man facing multiple civil lawsuits over an alleged Ponzi scheme was hit with criminal charges this week.

The Department of Justice (DOJ) charged Wear with one count of securities fraud and one count of wire fraud, each of which ...

The former CEO of a Miami payday loan company will spend years behind bars for orchestrating a massive fraud scheme.

Total losses by Marshall’s investors fall short of the multibillion-dollar Ponzi scheme masterminded by Bernie Madoff. But ...

An Everett man is now under federal indictment for an alleged Ponzi scheme that was described by an investor as “the largest ...

A Washington state entrepreneur and a former Jefferies portfolio manager were criminally charged on Thursday over a Ponzi ...

On Aug. 7, Robert Diamond was led away in handcuffs in front of many of those same friends to begin serving a six-month jail ...

Massachusetts authorities are accusing a Lexington, Mass., woman of operating a long-running Ponzi scheme that allegedly ...

Of the 50 witnesses named by the state, only 15 deposed during the hearings, and as a result the charges could not be proved ...

Indiana money manager Marcus Schrenker lived the good life. He stayed in a waterfront mansion in an affluent neighborhood on ...