A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of ...

Andrew Hamilton Jacobus, 64, defrauded more than 150 investors for over $90 million in a decades-long Ponzi scheme, records ...

Emails reveal his campaign to discredit victims by saying lawsuits were fabricated as part of Scott Rothstein's fraud scheme.

A Mont Belvieu man faces up to 20 years in prison after pleading guilty to running a $2.1 million "meme stock" Ponzi scheme ...

Financial advisor Todd Burkhalter pleaded guilty to running Georgia’s largest Ponzi scheme, defrauding 2,000 investors of $380M. Learn the red flags and how to protect yourself.

Todd Burkhalter of Drive Planning defrauded over 2,000 investors through fake real estate opportunities, buying luxury items with funds ...

A complaint filed in St. Joseph County alleges a local business owner has been running a Ponzi scheme since at least 2008.

The USAO said that he used investor funds to fuel a "lavish lifestyle," leasing high-end sports cars, renting luxury ...

Ponzi schemes and affinity fraud frequently overlap because both exploit trust and social interactions to operate effectively. A Ponzi scheme relies on a continuous stream of new investors to pay ...

The owner of an Alexandria-based precious metals investment firm used investors' money to fund his lavish lifestyle, court ...

Human rights activist and former presidential candidate, Omoyele Sowore, has accused the Inspector-General of Police, IGP Kayode Egbetokun, and senior officers of the Nigeria Police Force of allegedly ...

SaharaReporters learned that the international fraudster was released on N300 million bail on Monday, following his statement absolving the Inspector-General of Police, Kayode Egbetokun, of any ...