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

Despite red flags, Chase “turned a blind eye and continued servicing the accounts used to perpetrate the fraud, earning ...

A previously convicted Ponzi schemer who had received a pardon from President Donald Trump is heading back to prison due to involvement in a new fraudulent scheme. What Happened: Eliyahu Weinstein, a ...

Bitcoin again faces criticism after former UK Prime Minister Boris Johnson labeled cryptocurrencies a “giant Ponzi scheme.” His remarks triggered responses from ...

A Florida man has pleaded guilty to charges stemming from a years-long Ponzi scheme that defrauded international investors out of more than $94 million, prosecutors said. Andrew Hamilton Jacobus, a 64 ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. Crypto CEO Arrested In $328M Florida Ponzi Scheme Image by Canva Federal Investigators have arrested a Florida-based ...

Federal agents allege Goliath Ventures was a Ponzi scheme that defrauded investors in Central Florida and elsewhere of $328 million. Federal prosecutors are seeking to seize assets of a man accused of ...

Former U.K. Prime Minister Boris Johnson has called bitcoin BTC $71,297.60 a “giant Ponzi scheme,” prompting a swift rebuttal from Strategy chairman Michael Saylor and other netizens. According to ...

"[T]he courts are kind of catching up to the amount of damage that these guys do. The sentences are getting longer, which is a good thing," said Jason Kellogg, partner at Levine Kellogg Lehman ...