Ponzi schemes pay out early investors with money from later investors. They differ from pyramid schemes in that Ponzi schemes are presented as investments with large returns, rather than business ...

Shark Tank's Mark Cuban openly admitted to operating a Ponzi-style chain letter system during his college years in the 1980s ...

Both Ponzi and pyramid schemes have been reinvented over the years, but at the core of each is essentially the same devious deceit-paying new investors with money from old investors.

There has not been much news regarding SEC[1] enforcement lately, but today the SEC and DOJ[2] both charged a founder of a Washington-based water vending machine manufacturer Water Station Management, ...

A California real estate mogul has been arrested and is facing multiple federal charges for allegedly running a 15-year Ponzi scheme that defrauded hundreds of investors out of nearly $30 million.

Two men — Ryan Wear, of Everett, Washington, and Jordan Chirico, of Carmel, Indiana — have been indicted in New York on federal criminal charges related to two Ponzi-like schemes involving water ...

A Randolph couple pleaded guilty in federal court to running a multi-million-dollar Ponzi scheme that defrauded dozens of victims, some of whom had invested their life savings in the scam, according ...

Victims of an alleged $100 million Ponzi scheme orchestrated by a Kentucky rancher dubbed the “Bernie Madoff of cows” have filed suit against lenders for allegedly failing to heed red flags, according ...

GWINNETT COUNTY, Ga. — A Gwinnett County man at the center of a Channel 2 Action News investigation into an alleged international Ponzi scheme is now facing a new federal lawsuit. The complaint filed ...

The charges were in connection with a $20 million Ponzi scheme. He was sentenced to 235 months’ (19 years and seven months) imprisonment followed by three years of supervised release. According to ...

WILMINGTON, N.C. (WITN/Gray News) - A former car dealer was sentenced to five years in prison for running a Ponzi scheme to keep his business open. Willard Sutton was sentenced in federal court in ...