A Bay Area developer targeted seniors and churchgoers in a $46 million Ponzi scheme over 17 years, federal prosecutors claim.

Two men raised more than $10 million from 23 investors, mostly members of a private entrepreneurs’ group, for a purported ...

About an hour south of Dallas, among the gas wells and pump jacks that dot the Texas prairie, there was a business venture ...

The Economic Offences Wing (EOW) of Crime Branch has arrested a mother-daughter duo from West Bengal for their alleged ...

Dozens of people — including some who handed over their life savings — were defrauded out of more than $3 million by a ...

From 2017-2019, a motley trio of Ponzi scammers—Illinois cowboy, Midwest matron, and polished Georgia fixer—hoodwinked ...

Josh Schuster was released on a $2 million bail in Florida ahead of his arraignment in New York City on fraud charges later ...

The federal government is set to regulate social media advertising in Nigeria to protect citizens from misleading adsThis is ...

The Securities and Exchange Commission (SEC) has intensified its fight against Ponzi schemes in Nigeria, vowing to take decisive action against illegal fund operators while educating the public to ...

The Securities and Exchange Commission (SEC) has intensified its efforts to curb the spread of Ponzi schemes in Nigeria, adopting a more proactive approach that combines public education with ...

The Securities and Exchange Commission (SEC) says the menace of Ponzi schemes is spreading fast in Nigeria, vowing to prosecute culprits involved in fraudulent activities. The SEC made the threat ...

She explained that too many Nigerians--especially those at the grassroots--fall victim to Ponzi schemes due to lack of information or false promises of quick, unrealistic returns, emphasizing that ...