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

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 ...

Trump nominated E.J. Antoni two weeks after firing Erika McEntarfer, accusing her of rigging job report numbers to make him ...

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 ...

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 invest but wanted to keep it local.

Two Missouri men confessed to operating a long-running Ponzi scheme that cost more than 90 victims at least $3 million.

Thomas Petters orchestrated a $3.7 billion Ponzi scheme using empty warehouses and fake purchase orders to dupe sophisticated ...

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