Category: Ponzi Scheme

As Bernie Madoff gained a reputation as a Wall Street savant, he also acquired an unusual nickname: “The Jewish T-Bill.” The moniker referenced not only…

View More Before dying, Bernie Madoff lifted veil on the biggest Ponzi scheme in history

California real estate mogul Kenneth Casey swindled more than 1,300 investors out of hundreds of millions of dollars in a Ponzi scheme. Now his victims…

View More Ponzi Scheme Victims Unite, Steer Bankruptcy to Help Each Other

Authorities in Europe have dismantled several investment fraud schemes across the continent and recovered some of the money victims lost. Confiscation of proceeds from crimes…

View More Police Across Europe Crush Ponzi Schemes, Recover Lost Money

A federal grand jury in Colorado returned an indictment that was unsealed Tuesday charging an Illinois woman and a Georgia man with running a Ponzi…

View More Two Individuals Charged for their Roles in Massive Cattle Ponzi Scheme | OPA

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View More Will his investors get out in time?

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