A Sacramento woman who proclaimed herself as a beauty pageant queen has pleaded guilty to swindling investors out of more ...

Despite red flags, Chase “turned a blind eye and continued servicing the accounts used to perpetrate the fraud, earning substantial fees from the hundreds of millions of dollars” it touched in a ...

An emotional and chagrined Brooklyn Chandler Willy, the former financial adviser who peddled her wares on radio and online, pleaded guilty Thursday to federal charges that she defrauded clients, ...

Todd Burkhalter promised big returns. His victims didn’t realize they were too good to be true.

A California businesswoman accused of running a multi-million dollar Ponzi scheme has changed her plea to guilty.

The lawsuit claims JPMorgan Chase should have done more to prevent a customer from allegedly pulling off a massive crypto ...

After being sentenced to 23 years in prison last summer, Sanjay Singh has been ordered to pay back $51 million. Also: New nonprofit aims to help veterans become owner-operators; Women in Trucking ...

Investors sued JPMorgan, claiming the bank ignored red flags and enabled a $328M Goliath Ventures crypto Ponzi scheme that allegedly impacted more than 2,000 victims.

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. Todd Burkhalter, the CEO of the Georgia-based financial advisory group Drive ...

(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 ...

ORLANDO, Fla. – The Central Florida man accused of operating a “Ponzi Scheme” is now facing a class-action lawsuit. Christopher Alexander Delgado, 34, of Apopka, was arrested last month and charged by ...