Why is it that an overwhelming amount of American’s believe that the stock market is the best place to invest their hard-earned money? When you really think about it, it’s essentially a legal Ponzi ...

A 50-year-old Houston man was sentenced to 10 years in prison this morning for securities fraud after pleading guilty to running a Ponzi scheme that netted about $1 million, federal prosecutors said.

New Hampshire securities regulators are seeking financial penalties and a permanent ban against a Pelham-based stock trader who, for the second time, allegedly violated state financial laws. The ...

Bernie Madoff orchestrated the largest Ponzi scheme in history, defrauding investors of around $64.8 billion over decades.

The Securities and Exchange Commission is charging a former investment advisor and two firms he controlled with violations of securities laws related to an alleged multi-million scheme the regulator ...

Social Security is facing a $22.4 trillion long-term funding shortfall, and sweeping benefit cuts for retired workers may be just nine years away. Although some people are of the opinion that Social ...

Bernie Madoff, the Wall Street financier turned Ponzi scheme kingpin, has died, The Associated Press reported Wednesday. He was 82. Madoff apparently died of natural causes in federal prison, ...

Nigeria’s long-standing battle with Ponzi schemes has woven a dark tale of financial deception, one that stretches over decades and has claimed the savings and dreams of millions. Each collapse brings ...