Rathnakishore Giri was sentenced to nine years in prison for orchestrating a sophisticated cryptocurrency Ponzi scheme. He falsely presented himself as an expert in Bitcoin derivatives, promising ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The U.S. Department of Justice is planning to drop charges against Matthew Goettsche, the alleged ringleader of the BitClub ...

Many Nigerians have taken to social media platforms to lament as another Ponzi scheme called NRC has crashed, trapping ...

Those who came out ahead after the collapse of a Kelowna-based Ponzi scheme involving $174 million will not get to keep their ...

The bankruptcy trustee that’s attempting to unwind an alleged Ponzi scheme will have the authority to calculate the amounts ...

National Reading Culture has now joined the long and embarrassing list of failed Ponzi schemes that have drained billions of naira from unsuspecting Nigerians.There is a saying that if something ...

The Madison County tax preparer and insurance agent who operated a $50 million Ponzi scheme has been sentenced to four to 12 ...

Christopher Delgado, the former CEO of Goliath Ventures, who is accused of operating a multimillion-dollar cryptocurrency ...

Investors who pocketed more than they put into a British Columbia Ponzi scheme must return their gains, the province's ...

Editor's note: This story was updated with a statement from Heller's bankruptcy attorney that was received after the story was posted. The ATM investment network overseen by embattled businessman ...