Shark Tank's Mark Cuban openly admitted to operating a Ponzi-style chain letter system during his college years in the 1980s ...

Ponzi schemes pay out early investors with money from later investors. They differ from pyramid schemes in that Ponzi schemes are presented as investments with large returns, rather than business ...

Avocados imported from Mexico. A Hemet woman allegedly created a Ponzi scheme involving her avocado business, authorities say. (Robert Gauthier/Los Angeles Times) After a months-long investigation, ...

The scheme, tied to First Liberty Building and Loan, is now under investigation by the Georgia Secretary of State's office, which says more than $140 million vanished in the fraud. For Phillip and ...

A Pendleton man has been sentenced to 13 years in federal prison after admitting to running a multimillion-dollar Ponzi scheme and stalking TikTok creators, the U.S. Department of Justice announced.

A Las Vegas attorney who prosecutors say orchestrated a “massive Ponzi scheme” that took in over $500 million has agreed to plead guilty to five counts of fraud, according to a document filed in ...