A Sacramento woman who proclaimed herself as a beauty pageant queen has pleaded guilty to swindling investors out of more ...

An emotional and chagrined Brooklyn Chandler Willy, the former financial adviser who peddled her wares on radio and online, pleaded guilty Thursday to federal charges that she defrauded clients, ...

A California businesswoman accused of running a multi-million dollar Ponzi scheme has changed her plea to guilty.

ORLANDO, Fla. – The Central Florida man accused of operating a “Ponzi Scheme” is now facing a class-action lawsuit. Christopher Alexander Delgado, 34, of Apopka, was arrested last month and charged by ...

Investors sued JPMorgan, claiming the bank ignored red flags and enabled a $328M Goliath Ventures crypto Ponzi scheme that allegedly impacted more than 2,000 victims.

Todd Burkhalter promised big returns. His victims didn’t realize they were too good to be true.

Prosecutors called it the largest criminal fraud scheme in the history of the area.

Todd Burkhalter pleaded guilty to orchestrating a $380 million scam, likely the largest Ponzi scheme in Georgia history. Prosecutors recommended a 17.5-year prison sentence for the CEO after he ...

Ponzi schemes and affinity fraud frequently overlap because both exploit trust and social interactions to operate effectively. A Ponzi scheme relies on a continuous stream of new investors to pay ...

The lawsuits filed in California and Florida say the firms enabled the scheme, which prosecutors say defrauded investors of at least $328 million.