A federal judge ruled Thursday that a Bellevue-based real estate investment firm accused of defrauding hundreds of investors operated as a Ponzi scheme, using investors’ money to repay other ...

The United States Department of Justice announced that Juan Tacuri — a senior promoter of the Forcount Ponzi scheme, which was later rebranded to Weltsys — was sentenced to 20 years in prison ...

Before Jonathan Gould lost everything in Pride of Austin’s alleged Ponzi scheme, he thought he’d built a $1 million nest egg. Instead his money disappeared, along with $60 million from other ...

“There’s no way Vlad would be running a Ponzi scheme, right?” he asked. The two dismissed it from their minds. “Why would he ...

Today, Mangena is allegedly back in business — as “Daniel” Mangena — and running a Ponzi scheme that has duped a fresh set of unwitting victims, according to a lawsuit obtained by The ...

The Ponzi scheme presumption applies when a bankruptcy trustee (or similarly situated plaintiff) establishes that a Ponzi scheme exists. As a matter of law, it allows the court to infer the Ponzi ...

Through social media postings, videos, and outfits, Taylor Swift is well-known for ... advertisement tricked Swifties into ...

IRS Forensic Investigations, led by investigator Chad Thomas, has been unravelling what was a classic Ponzi scheme orchestrated by a romantic couple, Alessandro Valecic and Elmarie Dukas.

(James Brooks/Alaska Beacon) Political ads claiming that Republican U.S. House candidate Nick Begich labeled Social Security a “Ponzi scheme” use a quote taken out of context, according to a ...

On a recent episode of the “Life in Seven Songs” podcast, Cuban revealed the surprising way he paid for his junior year at Indiana University: a chain letter Ponzi scheme. And, according to ...