Another big myth in the context of Social Security is that it's feasible to retire on those monthly benefits alone. The truth ...

Scammers want you to believe they're offering you a legitimate money-making opportunity. Seniors are seen as prime targets due to the potential that they have money saved for retirement. If an ...

Attorneys James D. Gassenheimer and Isaac M. Marcushamer offer the telltale signs of a Ponzi scheme knowing another wave of frauds may be just around the corner. In late 2008 and 2009, the United ...

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 this month in the U.S.

A Pendleton man has been sentenced to 13 years in federal prison after admitting to running a multimillion-dollar Ponzi scheme and stalking TikTok creators, the U.S. Department of Justice announced.

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 ...

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 ...

The charges were in connection with a $20 million Ponzi scheme. He was sentenced to 235 months’ (19 years and seven months) imprisonment followed by three years of supervised release. According to ...

An Everett man is now under federal indictment for an alleged Ponzi scheme that was described by an investor as “the largest franchise fraud case in the history of the United States,” according to a ...