Authorities already suspected that Galles, 59, made few legitimate investments and instead ran his firm — Tyche Asset ...

Over the past half-dozen years, a multi-million dollar Ponzi scheme was being run through Fresno real estate companies. Its ...

Palafox spent his clients' money on lavish personal expenses, including $3M on 20 different luxury cars and another $3M on ...

A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of ...

The feds are catching up with Tai Lopez, a self-help guru who created a doomed retail empire of faded brands like RadioShack ...

Georgia Secretary of State Opens Investigation into Borrower(s) of the First Liberty Ponzi scheme. Investors in Global ...

As the Securities and Exchange Commission continues to investigate the Newnan-based lending firm First Liberty Building & ...

Seven months after an alleged $140 million Ponzi scheme collapsed, investors are impatient to recover their money.

Financial advisor Todd Burkhalter pleaded guilty to running Georgia’s largest Ponzi scheme, defrauding 2,000 investors of $380M. Learn the red flags and how to protect yourself.

Seven months after an alleged $140 million Ponzi scheme collapsed, investors are impatient to recover their money.

Spence pleaded guilty to one count of wire fraud, which carries a maximum sentence of 20 years in prison, along with potential fines and restitution, the U.S. Attorney’s Office said. He is scheduled ...

A former Florida investment advisor who orchestrated a $94 million Ponzi scheme that targeted Venezuelan nationals, Catholic ...