Former Dallas Cowboy involved in $25 million Ponzi scheme
15 days ago
A former Dallas Cowboys player had a role in a $25 million Ponzi scheme that defrauded a number of North Texas investors, according to the federal government.
California man gets 10 years for Texas Ponzi scheme
18 days ago
More than two dozen investors were likely defrauded in a Ponzi scheme operated by a California man, who was sentenced to 10 years in prison Friday in federal district court.
Ponzi scheme investors move closer to recovery
67 days ago
In a Ponzi scheme, money from new investors is used to pay old ones.
Grand Prairie brothers told to pay $2 million in Ponzi scheme
104 days ago
Two Grand Prairie brothers accused of running a multimillion-dollar Ponzi scheme have been told to pay more than $2 million in restitution and penalties under a federal court order issued Wednesday.
Ex-CFO for R. Allen Stanford gets 5 years in prison
119 days ago
The star prosecution witness at the fraud trial of Texas financier R. Allen Stanford expressed remorse Tuesday before being sentenced to five years in prison for helping to bilk investors out of...
California man pleads guilty in Ponzi scheme
130 days ago
A California man has pleaded guilty in Texas federal court to two counts of securities fraud for running a more than $40 million Ponzi scheme.
Four years after Madoff's arrest, work continues to recover billions
162 days ago
When he was first told in 2008 about Bernard Madoff's epic Ponzi scheme, attorney David Sheehan had a response that now sounds inconceivable.
Stanford hired corporate spies to silence, discredit Ponzi scheme's critics
172 days ago
The disclosures regarding Kroll's work for Stanford come as a string of governmental investigations and private lawsuits surrounding those who allegedly aided Stanford's Ponzi scheme heat up.
