Ponzi schemes continue to thrive—even in crypto. Learn key lessons and warning signs from recent convictions to protect your ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...

After orchestrating a cryptocurrency Ponzi scheme that generated more than $577 million in sales and targeted hundreds of thousands of people around the world, two men from Estonia were sentenced ...

Was Philadelphia-based merchant cash advance company Par Funding truly a Ponzi scheme — or did federal regulators introduce ...

A convicted Ponzi schemer whose 24-year prison term was commuted by President Donald Trump in 2021 now faces as much as 50 years behind bars for an investor fraud that took place after his clemency.

What Is a Ponzi Scheme? Ponzi schemes typically lure in investors by promising high returns with little to no risk. Because initial investors often see high returns at first, early Ponzi schemes often ...

(Original Caption) Charles Ponzi, the "financial wizard" of Boston who succeeded in amassing a fortune through his endless chain of sales of Foreign Exchange following the World War, later went to ...

Todd Burkhalter pleaded guilty to orchestrating a $380 million scam, likely the largest Ponzi scheme in Georgia history. Prosecutors recommended a 17.5-year prison sentence for the CEO after he ...

ATLANTA — The FBI said the CEO of a local financial group orchestrated possibly the largest Ponzi scheme in Georgia history. Drive Planning LLC CEO, 54-year-old Todd Burkhalter of St. Petersburg, Fl, ...

Miami Attorney Talks Risk, Recovery Process in Ponzi Scheme as Scammer Who Duped Investors Out of $94M Awaits Sentencing “If he’s a good Ponzi schemer, then he has either taken the investors’ money ...

Todd Burkhalter, founder and CEO of Drive Planning LLC, pleaded guilty to wire fraud Wednesday after admitting he orchestrated a sprawling $380 million Ponzi scheme that defrauded 2,000 investors.

Atlanta — A financial adviser in Georgia pleaded guilty Wednesday to wire fraud in a Ponzi scheme that bilked more than 2,000 people out of $380 million, federal authorities announced. Prosecutors ...