One of the founders of the notorious crypto pyramid scheme Finiko, Russia’s largest in recent years, has been deported by the United Arab Emirates (UAE). Thousands of victims in the post-Soviet space ...

Prosecuting attorney Adam Duerk is depicting Bozeman lawyer Michael Rabb as an owner with decision-making authority in an alleged Ponzi scheme.

The Supreme Court has overturned a lower court’s acquittal of a mid-level recruiter involved in the “Renbel Capital case,” a ...

A new wave of Ponzi-style pyramid scams is sweeping across Himachal Pradesh, with fraudsters promising extraordinary investment returns and hefty referral bonuses to deceive unsuspecting residents.

ST. LOUIS – Two Missouri men have pleaded guilty to operating a long-running Ponzi scheme that defrauded more than 90 victims out of at least $3 million. On Friday, James “Jim” Johnson, 77, and ...

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 ...

A New Jersey man convicted of defrauding investors of roughly a quarter-billion dollars is among a growing number of people granted clemency only to to be charged with new crimes. By Tracey Tully and ...

The pitch offered a “truly passive, turnkey investment” that was “ideal for the passive investor.” For $8,500 to $10,000, you could own your own vending machine that dispensed one-gallon jugs of ...