Category: Ponzi Scheme

Allen Stanford smiles as he waits to enter the Federal Courthouse in Houston March 6, 2012. REUTERS/Richard Carson/File Photo Register now for FREE unlimited access…

View More Allen Stanford’s Ponzi scheme recovery tops $1 billion

The North American pattern of development is an unprecedented experiment. For thousands of years, humans around the world built their habitat in similar ways, at…

View More A Ponzi Scheme of Prosperity: The American pattern of development only creates the illusion of wealth

The business model that controversial e-commerce platform Evaly followed and deceived people with has been known to the world for hundreds of years. Known as…

View More 100 years of Ponzi schemes

The Department of Justice announced today that the Madoff Victim Fund (MVF) began its seventh distribution of approximately $568 million in funds forfeited to the…

View More Justice Department Announces Additional Distribution of More than $568 Million to Victims of Madoff Ponzi Scheme | OPA

Topline The Justice Department on Thursday started doling out payments to reimburse more than 30,000 victims of Bernie Madoff’s Ponzi scheme, more than 12 years…

View More Madoff Ponzi Scheme Victims Receiving More Than $500 Million In Repayments, Feds Say

Crypto Kid Fraudster Gets 7 1/2-Years For Ponzi Scheme  Financial Advisor Magazine Read more…

View More Crypto Kid Fraudster Gets 7 1/2-Years For Ponzi Scheme – Financial Advisor Magazine

A large portfolio sale of commercial and apartment buildings in Marin and Sonoma counties moved a step closer to reality, as a San Francisco real…

View More Sale of North Bay offices, apartments involved in Ponzi scheme nears finish line

ATLANTA – Maurice Fayne, who starred in Love & Hip Hop: Atlanta, has been sentenced to more than 17 years in federal prison for conspiracy…

View More Reality TV star sentenced for PPP fraud and for operating a multimillion-dollar Ponzi scheme | USAO-NDGA

Meme Image from Rick and Morty(8/30/2015) Season 2, Episode 6; The Ricks Must Be Crazy After a couple of years of studying Bitcoin and the…

View More Bitcoin Fixes Modern Fiat Ponzi Scheme

On June 2, 2020, the DOJ indicted Smith in the same court. According to documents filed in this case and statements made in court, from February…

View More Barred Broker Admits Orchestrating $100M Ponzi Scheme