Despite red flags, Chase “turned a blind eye and continued servicing the accounts used to perpetrate the fraud, earning substantial fees from the hundreds of millions of dollars” it touched in a ...

A Sacramento woman who proclaimed herself as a beauty pageant queen has pleaded guilty to swindling investors out of more ...

A San Antonio woman and former financial advisor pleaded guilty Thursday for her alleged role in a Ponzi scheme with two Lubbock businessmen.

That wasn’t much of a jail break. A convicted New Jersey Ponzi schemer who was sprung from prison after a pardon from President Trump during his first term is headed back to the slammer for running ...

The lawsuit claims JPMorgan Chase should have done more to prevent a customer from allegedly pulling off a massive crypto ...

Brooklyn Chandler Willy, a former financial aid, has pleaded guilty to a Ponzi scheme, according to the U.S. Attorney's office, facing up to 20 years in prison.

Willy, who pleaded guilty to wire fraud and other charges, told the victims who had packed the courtroom that she was committed to "making right what I've done wrong." ...

MORE THAN 45 VICTIMS.. ONE OF THOSE VICTIMS HAVING LOST 50-THOUSAND DOLLARS.. SALINAS POLICE SAY THIS COMPANY "LIGHTNING SHARED SCOOTER COMPANY" IS A FRONT FOR A PONZI SCHEME OPERATING ACROSS THE ...

(Original Caption) Charles Ponzi, the "financial wizard" of Boston who succeeded in amassing a fortune through his endless chain of sales of Foreign Exchange following the World War, later went to ...

Former Drive Planning LLC executive David Bradford pleaded guilty to wire fraud conspiracy for his role in a multiyear Ponzi scheme. Prosecutors say the company took more than $4 million from ...

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. Todd Burkhalter, the CEO of the Georgia-based financial advisory group Drive ...

JPMorgan is facing a lawsuit for allegedly enabling a $328 million crypto Ponzi scheme run by now-defunct Goliath Ventures.