A court-appointed receiver has recouped more than $1 billion for victims of Texas financier Allen Stanford’s Ponzi scheme, the largest...
Ponzi scheme News
NEW YORK — Bernard Madoff, who for decades masqueraded as a successful and trustworthy Wall Street kingpin before admitting to...
Former Dayton, Ohio-area insurance agent and investment adviser has been sentenced to five years in prison after being convicted of...
An insurance agent pleaded guilty Thursday in a promissory note scam that bilked nearly 80 clients out of $8.2 million....
A former insurance agent in East Texas must serve three years in prison for running a $5 million medical investment...
A 64-year-old former Texas insurance agent has pleaded guilty to wire fraud and money laundering, federal prosecutors say, and faces...
A former insurance agent one of two people who have been charged with operating a Ponzi scheme allegedly bilking investors...
The U.S. Securities and Exchange Commission is alleging a Watertown, Wis., insurance agent ran a $10 million Ponzi scheme out...
Michael Zuno Zuniga, 43, of Fullerton, was sentenced to five years in Los Angeles County Jail and ordered to pay...
Three people, including two principals of an insurance firm, who were convicted in a fraudulent Nebraska investment scheme have been...