Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

An attempt by lawyers to quash a lawsuit by victims of a Ponzi scheme in Lakewood has failed as a federal judge ruled the ...

The former chief operating officer of an Alpharetta company at the center of an alleged $300 million Ponzi scheme has pleaded guilty to an associated fraud charge.

May 21—A 28-year-old former Brookville man has been ordered to pay more than $2 million for his alleged involvement in a $146 million Ponzi scheme. The U.S. District Court for the Southern District of ...

A Wisconsin man described as an "investment advisor" by authorities has been charged with running a Ponzi scheme that bilked 128 investors out of more than $15.8 million over a six-year period, ...

More than a dozen people who are being sued for the money they allegedly made in a Ponzi scheme have filed for bankruptcy. Mark Dente, a former Copley basketball coach, is accused of operating a Ponzi ...

A Georgia advisor has pleaded guilty to wire fraud charges after the U.S. Attorney said his firm had been engaged in a multiyear Ponzi scheme that defrauded its clients out of millions of dollars.

Praetorian Group International (PGI) CEO Ramil Ventura Palafox has pleaded guilty in Virginia to defrauding investors and money laundering charges. The charges were tied to a $200 million Ponzi scheme ...

Technology bubbles have often concealed major frauds. From the railway boom to the Madoff affair, are there warning signs at the heart of the current AI frenzy?

RALEIGH, N.C. (AP) -- A former North Carolina banker has pleaded guilty to 18 criminal counts related to a multimillion-dollar Ponzi scheme that prosecutors say defrauded about 1,200 investors.

ATLANTA — Georgia Sec. of State Brad Raffensperger said Monday he has launched an investigation into the alleged Ponzi scheme tied to a Georgia Republican donor, and is seeking statements from ...

Charles A. Bennett, a former corporate lawyer in New York who once practiced at Skadden, is set to plead guilty next week to criminal charges that he stole $5 million from investors in a long-running ...