A convicted Ponzi schemer whose 24-year prison term was commuted by President Donald Trump in 2021 was sentenced to another ...

Both Ponzi and pyramid schemes have been reinvented over the years, but at the core of each is essentially the same devious deceit-paying new investors with money from old investors.

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 ...

Zhimin Qian sentenced to more than 11 years in jail after defrauding thousands of victims out of £4.6bn in total ...

Zhimin Qian has been jailed after masterminding a scam which led police to make the UK's largest ever cryptocurrency seizure ...

Zhimin Qian, 47, masterminded a Ponzi scheme which defrauded more than 128,000 victims in China between 2014 and 2017 and stored the illegally obtained funds in Bitcoin assets ...

Massachusetts man who posed as an advisor received five years in prison after defrauding Haitian community members and ...

The state’s peak legal regulator has finished its inquiry into Melbourne lawyer John Adams and found most of the money ...

Although I believe it will be an extremely uphill battle to avoid permanent disbarment, I have been retained by Mr. Scott to ...

A US court has sentenced Travis Ford, the founder and head trader behind Wolf Capital Crypto Trading LLC, to five years in prison.