Category: Ponzi Scheme

A defunct California-based solar company’s CFO was ordered to prison for six years for his part in a $1 billion Ponzi scheme that attracted big-name…

April 12, 2022 – SACRAMENTO, Calif. — Robert A. Karmann, 55, of Clayton, was sentenced today to six years in prison and ordered to pay…

Clare Bronfman. (Image via screengrab from WCBS/YouTube.) The Seagram’s liquor heiress who pleaded guilty to criminal charges in connection with the sprawling sex crimes prosecution…

SACRAMENTO, Calif. — Robert A. Karmann, 55, of Clayton, was sentenced today to six years in prison and ordered to pay $624 million in restitution…

History shows that economic downturns can result in the failure and discovery of Ponzi schemes. Many fraud experts believed the COVID-19 recession would result in…

According to him, despite the assault and torture that he allegedly suffered at the hands of the law enforcement officers while in their custody, he…

His claims follow an announcement by the Deputy Minister of Transport, Alhassan Tampuli at the national energy transition forum at Mole on Tuesday that the…

Embattled developer Robert “Bob” Morgan is expected to plead guilty to fraud-related crimes Tuesday morning, possibly bringing to an end a mortgage fraud investigation that prosecutors…

A date for an inquest probing the mysterious disappearance of Sydney fraudster Melissa Caddick has been set, as her parents fight off liquidators trying to…