Ponzi scheme

Bernie Madoff Dies in Prison Aged 82

Disgraced Wall Street financier Bernie Madoff has died in prison at age 82. Bernie Madoff admitted to one of the…

4 years ago

Andrew Madoff was under investigation until he died

Andrew Madoff, Bernard Madoff's last surviving son, was under investigation for possible involvement in his father's multibillion-dollar Ponzi scheme until…

10 years ago

Allen Stanford sentenced to 110 years in jail for $7 billion Ponzi scheme

Tycoon Allen Stanford has been sentenced to 110 years in jail for operating a Ponzi scheme that defrauded investors of…

12 years ago

Allen Stanford convicted of $7 billion fraud in a Ponzi scheme

Cricket tycoon Allen Stanford has been found guilty by a court in Houston, Texas, of running a $7 billion Ponzi…

13 years ago

Full Tilt Poker built a global Ponzi scheme.

Full Tilt Poker and its operators built a global Ponzi scheme that bilked online players out of at least $390…

13 years ago