— William "520 Percent" Miller of Brooklyn, N.Y., claimed in 1899 he had inside information on stocks and promised interest of 10 percent a week. He defrauded investors out of $1 million. — Charles ...

Todd Burkhalter pleaded guilty to orchestrating a $380 million scam, likely the largest Ponzi scheme in Georgia history. Prosecutors recommended a 17.5-year prison sentence for the CEO after he ...

Their position is clear, but what does that mean for your retirement?

Add Yahoo as a preferred source to see more of our stories on Google. (NewsNation) — The founder of a Georgia-based financial advisory group faces several years in prison after pleading guilty to ...

The founder of a Georgia-based financial advisory group pleaded guilty to wire fraud in a Ponzi scheme that bilked more than 2,000 people out of $380 million, federal authorities announced.

Prosecutors say Goliath Ventures raised $328M with ‘guaranteed’ 3%-8% monthly crypto returns; suspect faces up to 30 years in ...

Two Estonian nationals avoided additional prison time for orchestrating one of crypto’s largest Ponzi schemes (HashFlare) after receiving sentences matching the 16 months they already served in ...

A financial group chief executive is accused of running the largest Ponzi scheme in Georgia’s history to fund a high-end lifestyle, which included purchasing a yacht, a multimillion-dollar condo in ...

The largest financial fraud in history isn’t over for the banking sector. HSBC HSBC UK:HSBA on Monday announced it will set aside $1.1 billion over a massive Ponzi scheme masterminded by Bernie Madoff ...

The last disbursement, of more than $131 million, is being sent to more than 23,000 victims worldwide. When it is completed, more than $4.3 billion will have been distributed by the fund to more than ...

Michele Bachmann is in the news for controversial financial ties ... again. This time the retiring Republican congresswoman is returning contributions from Frank Vennes, a man who lured people into ...