BASED on New York Times journalist Diane Henriques’s account of the Madoff affair, The Wizard of Lies is a psychologically ...

yet as the Bernard Madoff scandal demonstrates, their appeal never wanes. How do they work? What is a Ponzi scheme? The classic Ponzi scheme is elegantly simple. Named after Carlo Ponzi ...

Theweek is part of Future US Inc, an international media group and leading digital publisher. Visit our corporate site. © Future US, Inc. Full 7th Floor, 130 West ...

A federal appeals court on Wednesday upheld R. Kelly's sex trafficking and racketeering conviction, saying extensive evidence ...

They contrasted them with the “vulnerable individual victims such as Holocaust survivors” that were the victims of Bernard Madoff’s Ponzi scheme. Madoff was sentenced to 150 years in prison.

The SEC sued Stanford in Feb. 2009, two months after the late swindler Bernard Madoff was criminally charged with running a much larger Ponzi scheme.

The court on Wednesday rejected R. Kelly’s claims that federal prosecutors failed to prove he led a racketeering scheme where ...