Pharmacist Natalie Cochran killed her husband Michael with an insulin injection so he wouldn't learn about $2 million Ponzi scheme.

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

The pair, who face 20 years in prison, lacked the necessary computing power to carry out the crypto mining they had promised to investors.

Yesterday, both men pleaded guilty to one count each of conspiracy to commit wire fraud, which carries a maximum sentence of ...

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

Financial fraud poses a significant threat to investors, particularly within brokerages and trading platforms. This can take many forms, from Ponzi schemes to ...

Aberdeen Asset Management (Australia) chief executive, Bill Bovingdon, intends to continue in his dual role running Australian fixed income even when the size of his business trebles, assuming the ...

As P.T. Barnum was quoted as saying, “there’s a sucker born every minute.” And stories about people falling for investment schemes that really are too ...

Banking services provider to super funds, Cuscal, has merged its executive strategy and marketing roles, ousting its former general manager – customers. (more…) The $1 billion Prime Super has ...

A new bill has come due for R. Allen Stanford, architect of a $7 billion Ponzi scheme, who is already well into serving what is effectively a life sentence for his crimes.

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 ...

Hundreds of Northern California investors who allege Umpqua Bank backed a $450 million Ponzi scheme will soon get their days in court. A roughly three-week jury trial is scheduled to begin Monday ...