A Summerfield man was sentenced to nearly two decades in prison on Friday for his involvement in a Ponzi scheme and tax fraud ...

A scandal involving an alleged massive Ponzi scheme that’s centered around right-wing Georgia businessman Brant Frost IV is ...

Authorities say Mina Tadrus preyed on family, friends, and members of the Egyptian-American Coptic Christian community.

The investment scheme defrauded 117 investors of at least $24 million through false claims they could become rich, federal ...

William Lamar Rhew pleaded guilty to wire fraud, money laundering, securities fraud, tax evasion and failure to file tax ...

Total losses by Marshall’s investors fall short of the multibillion-dollar Ponzi scheme masterminded by Bernie Madoff. But ...

"The greed and deception of this Ponzi scheme has resulted in the same way they have throughout history," said Daniel ...

The Department of Justice (DOJ) charged Wear with one count of securities fraud and one count of wire fraud, each of which ...

It’s not a big court case that the Securities and Exchange Commission (SEC) needed in order to freeze the assets and begin ...

A Leander man was sentenced in a Ponzi scheme case with more than 100 victims, federal officials said. Nicholas Bonneville, 25, was sentenced to 37 months in federal prison.

An Everett man facing multiple civil lawsuits over an alleged Ponzi scheme was hit with criminal charges this week.

This story was updated with a statement from Heller's bankruptcy attorney that was received after the story was posted.