Total losses by Marshall’s investors fall short of the multibillion-dollar Ponzi scheme masterminded by Bernie Madoff. But ...

On Aug. 7, Robert Diamond was led away in handcuffs in front of many of those same friends to begin serving a six-month jail ...

The Department of Justice (DOJ) charged Wear with one count of securities fraud and one count of wire fraud, each of which ...

The former CEO of a Miami payday loan company will spend years behind bars for orchestrating a massive fraud scheme.

A builder accused of defrauding customers of more than £2m denies his business was nothing but a pyramid scheme. Mark Killick ...

An Everett man is now under federal indictment for an alleged Ponzi scheme that was described by an investor as “the largest ...

The owner of a water machine vending company and a portfolio manager were allegedly behind a Ponzi-like scheme that raised ...

It’s not a big court case that the Securities and Exchange Commission (SEC) needed in order to freeze the assets and begin ...

This story was updated with a statement from Heller's bankruptcy attorney that was received after the story was posted.

Of the 50 witnesses named by the state, only 15 deposed during the hearings, and as a result the charges could not be proved ...

Indiana money manager Marcus Schrenker lived the good life. He stayed in a waterfront mansion in an affluent neighborhood on ...