British investment firm London Capital & Finance (LCF), whose failure in 2019 triggered one of Britain's biggest retail ...

Jennifer Iturralde Pina, whose husband, Cesar Humberto “Flipping NJ” Pina is fighting wire fraud charges over what ...

Section 548 of the bankruptcy code authorizes a trustee, debtor, or other appropriate party to avoid actual and constructive fraudulent transfers ...

Just one example would suffice, they told Artamonov — one state ... It’s one thing if you’re going to run a Ponzi scheme and you set out to do something good and then things go wrong and you start ...

The Ponzi scheme presumption applies when a bankruptcy trustee (or similarly situated plaintiff) establishes that a Ponzi scheme exists. As a matter of law, it allows the court to infer the Ponzi ...

Before Jonathan Gould lost everything in Pride of Austin’s alleged Ponzi scheme, he thought he’d built a $1 million nest egg. Instead his money disappeared, along with $60 million from other ...

Similar to the previous two examples, PlusToken was a Ponzi scheme disguised as a crypto project. Mt. Gox’s was a large cryptocurrency exchange that failed. At the time, the exchange handled over 70% ...

Joseph Giuttari also lied to get thousands in COVID relief loans, and told the IRS he made only a fraction of his mid ...

The Florida Bar said he’s “engaged in a pattern of misrepresentation designed to conceal his conversion of client funds.” ...

(James Brooks/Alaska Beacon) Political ads claiming that Republican U.S. House candidate Nick Begich labeled Social Security a “Ponzi scheme” use a quote taken out of context, according to a ...

The United States Department of Justice announced that Juan Tacuri — a senior promoter of the Forcount Ponzi scheme, which was later rebranded to Weltsys — was sentenced to 20 years in prison ...