MORE THAN 45 VICTIMS.. ONE OF THOSE VICTIMS HAVING LOST 50-THOUSAND DOLLARS.. SALINAS POLICE SAY THIS COMPANY "LIGHTNING SHARED SCOOTER COMPANY" IS A FRONT FOR A PONZI SCHEME OPERATING ACROSS THE ...

A Newnan man admitted in federal court Tuesday to orchestrating a $140 million Ponzi scheme that defrauded hundreds of investors over four years.

A 44-year-old woman who ran an elaborate Ponzi scheme targeting homeowners' associations in Maryland to live her own life of ...

That wasn’t much of a jail break. A convicted New Jersey Ponzi schemer who was sprung from prison after a pardon from President Trump during his first term is headed back to the slammer for running ...

Lawsuit alleges banks and Coinbase missed red flags in a $328 million cryptocurrency Ponzi scheme run through Goliath ...

A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. Ponzi scheme organizers often promise to invest money and generate high returns with little ...

The former CEO of Goliath Ventures, Christopher Delgado, apologized to investors in a TV interview as he faces charges over ...

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. Todd Burkhalter, the CEO of the Georgia-based financial advisory group Drive ...

Charles Ponzi, pictured in Boston in July 1920 with a gold-handled cane and a diamond stickpin, lured investors by claiming he found a way to make huge profits buying international postal reply ...