A group of men ran what is thought to be Britain’s biggest ever Ponzi scheme, the High Court has ruled, in a case that saw ...

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 ...

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

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.” ...

Today, Mangena is allegedly back in business — as “Daniel” Mangena — and running a Ponzi scheme that has duped a fresh set of unwitting victims, according to a lawsuit obtained by The ...

(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 ...