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.
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.
67 days ago
In a Ponzi scheme, money from new investors is used to pay old ones.
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.
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...
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.
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.
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.