Category: Ponzi Scheme

The 2017 film “Bitter Harvest” would not, by many definitions, be considered a success. “It’s a bad sign when even the prayers in this movie…

View More Zach Avery Charged With Running Million Dollar Ponzi Scheme

But in this particular case, his name isn’t Bernie Madoff. It’s Ian Bick. By 2013, Bick was an 18-year-old event promoter with multiple businesses in…

View More 8 of the most notorious Ponzi schemes in US history

“Black Swan” author Nassim Nicholas Taleb on Friday criticized bitcoin as a “gimmick,” telling CNBC he believes it’s too volatile to be an effective currency and…

View More Bitcoin a ‘gimmick’ and resembles a Ponzi scheme: ‘Black Swan’ author

In 2013, Zach Avery’s acting career was starting to pick up. After appearing in a succession of short films and a couple of features that…

View More D-List Actor Accused Of Grade-A Ponzi Scheme

IU alumnus Zachary Horwitz was arrested on April 6 and is accused of orchestrating over a $690 million Ponzi scheme violating federal SEC laws, according…

View More IU alumnus arrested for $690 million Ponzi scheme

Bernie Madoff, the orchestrator of the largest Ponzi scheme in history, died today (April 14) at age 82 in North Carolina, at the Federal Medical…

View More Bernie Madoff, dead at 82, still holds a Ponzi scheme record — Quartz

The GameStop stock saga — with its element of David versus Goliath, not to mention its head-turning price gains followed by stomach-churning drops — may…

View More A Bigger Risk Than GameStop? Beware the Ponzi Scheme Next Door

Doug Hronek was driving home to Heber City through Provo Canyon about five years ago when he tuned his car radio to a conversation about…

View More Why Is Utah Home To So Many Ponzi Schemes?