Christopher Knight Lopez, a 40-year-old Katy man, has pleaded guilty to orchestrating a decade-long investment fraud scheme ...

A San Antonio-based investor has admitted to operating a Ponzi scheme that allegedly defrauded hundreds of victims, reigniting concerns about ...

A Bergen County accountant and tax preparer admitted in federal court Tuesday, Feb. 17, to running a Ponzi and bank fraud scheme that bilked victims out of more than $10 million, authorities ...

A 73-year-old North Georgia widow says she lost her entire $50,000 life savings after investing in First Liberty Building & Loan, the Newnan-based compa ...

A Randolph man who pleaded guilty this summer to orchestrating a catastrophic Ponzi scheme was sentenced to serve five years in prison for defrauding individuals and families of their entire life ...

Court documents say that only about $3.5 million has been recovered so far in an alleged $140 million Ponzi scheme.

For the first time since the collapse of First Liberty Building & Loan, the Georgia Secretary of State’s office convened ...

The U.S. Securities and Exchange Commission (SEC) is accusing a California entrepreneur and his companies of executing a multi-million dollar Ponzi scheme.

Among those who lost money were a company run by former Georgia GOP Chairman David Shafer and Alabama Auditor Andrew Sorrell.

Should donors help the nonprofit victims of Bernard Madoff’s alleged Ponzi scheme? A new Web site, titled They Need Us Now, has been set up to raise money for charities that have been hurt financially ...

When there’s a scandal as big as Bernie Madoff bilking investors out of billions of dollars in a massive Ponzi scheme, expect Congress to get involved. The hearings have started, and so has the ...