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 ...

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

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.

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

The U.S. Department of Justice said is the biggest criminal fraud scheme in the history of the Eastern District of California.

As readers of this Blog know, affinity fraud and Ponzi schemes often intersect because each reinforces the weaknesses of the other, creating a powerful and deceptive form of financial exploitation.[1] ...

Federal prosecutors say an attorney for a California solar power company has been sentenced to 11 years and five months in prison for helping orchestrate a $1 billion fraud scheme.