An Italian immigrant who arrived in the United States in 1903 with just $2.50 in his pocket, Charles Ponzi ascended from obscurity to dizzying wealth seemingly overnight. But under the surface of his ...

Las Vegas attorney Matthew Beasley, who was apprehended by the FBI following a 2022 standoff, will plead guilty to five ...

A Randolph couple pleaded guilty in federal court to running a multi-million-dollar Ponzi scheme that defrauded dozens of victims, some of whom had invested their life savings in the scam, according ...

Avocados imported from Mexico. A Hemet woman allegedly created a Ponzi scheme involving her avocado business, authorities say. (Robert Gauthier/Los Angeles Times) After a months-long investigation, ...

In the world of finance, a Ponzi scheme is a house of cards — a system in which early investors are paid with money from new participants, not real profits. Eventually, the influx slows, the illusion ...

GWINNETT COUNTY, Ga. — A Gwinnett County man at the center of a Channel 2 Action News investigation into an alleged international Ponzi scheme is now facing a new federal lawsuit. The complaint filed ...

Fear of missing out can make you lose a fortune. Ever wonder why intelligent businesspeople are so easily duped by con artists and Ponzi schemes? It’s because scammers use scarcity, urgency, and ...

The scheme, tied to First Liberty Building and Loan, is now under investigation by the Georgia Secretary of State's office, which says more than $140 million vanished in the fraud. For Phillip and ...