A Mont Belvieu man faces up to 20 years in prison after pleading guilty to running a $2.1 million "meme stock" Ponzi scheme ...

The U.S. Securities and Exchange Commission (SEC) is accusing a California entrepreneur and his companies of executing a multi-million dollar Ponzi scheme.

Andrew Hamilton Jacobus, 64, of Fort Lauderdale, was sentenced to 20 years in federal prison after pleading guilty in a Ponzi ...

The man is accused of lying to lenders to take out large loans.

The USAO said that he used investor funds to fuel a "lavish lifestyle," leasing high-end sports cars, renting luxury ...

A Virginia executive who promised quick profits on precious metals instead ran a $1.5 million Ponzi scheme — then spent ...

Todd Burkhalter took a plea deal, admitting to leading a massive Ponzi scheme.

Carl Channing Spence admitted to operating “AEI Financial” out of his Mont Belvieu residence from January 2022 through August 2023.

A Florida man who pleaded guilty to federal charges of bilking four Hawaii investors out of $250,000 and scores of others in a Ponzi scheme has been ...

Alistair Greig was sentenced to 14 years’ imprisonment in 2020 after duping victims with a fraudulent Ponzi scheme he ...

DEKALB COUNTY, Ga. — The FBI Atlanta announced on Wednesday that a local financial planner has pleaded guilty to orchestrating a Ponzi scheme with thousands of victims. Channel 2’s Courtney Francisco ...