Nicholas Cosmo

'Mini Madoff' Associates Charged In $400 Million Ponzi Scheme

Reuters | Jessica Dye | Posted 05.03.2012

Read More: Nicholas Cosmo, Long Island, Agape and Agape Merchant Advance Ponzi Scheme, Jason Keryc, Long Island Ponzi Scheme, Diane Kaylor, Anthony Massaro, Mini-Madoff-Ponzi-Scheme, Ponzi Scheme, Agape and Agape Merchant Advance Employees Charged, Agape and Agape Merchant Advance, Anthony Ciccone, Diane-Kaylor-Anthony-Massaro-Anthony-Ciccone-Jason-Keryc-Charged-in-Ponzi-Scheme, Crime News

(Reuters) -- Four former employees of a Long Island-based investment firm were charged Wednesday with running a Ponzi fraud that cost more than 4,000 ...

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'Mini Madoff' Sentenced To 25 Years In Prison For Ponzi Scheme

Posted 12.14.2011

Read More: Nicholas Cosmo, Video, Business News, Nicholas Cosmo Ponzi Scheme, Ponzi Scheme, Nicholas Cosmo Mini Madoff Sentenced, Ponzi Schemes, Mini-Madoff, Business News

NEW YORK (Reuters) - A Long Island man was sentenced to 25 years in prison Friday after admitting to stealing more than $195 million from thousand...

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Nicholas Cosmo: Ponzi Schemer's Bail Is Reconsidered by Judge After He Violated Conditions Of Release

AP | Posted 05.25.2011

Read More: Ponzi Scheme, Nicholas Cosmo, Recession, White Collar Crime, Finance, New York Recession, New York, Wall-Street-Excess, New York News

CENTRAL ISLIP, N.Y. — A federal judge says a New York businessman accused of orchestrating a $413 million Ponzi scheme has violated conditions o...

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Arthur Delaney

Down, Not Out: Scammed By A Mini-Madoff

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

Read More: Nicholas Cosmo Ponzi Scheme, Bernard Madoff, Mini-Madoff, Nicholas Cosmo, Agape World, Ponzie Scheme, Business News

Last year Terry DiFranzo started a part-time job at a Target near her Vero Beach, Fla. home, "just to have something to do." DiFranzo, 65, told the Hu...

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Mini-Madoffs: The New Breed Of Downmarket Ponzi Schemers (SLIDESHOW, VOTE)

Posted 05.25.2011

Read More: Nicholas Cosmo, Slidepoll, Provident Royalties, Marc Dreier, Paul Greenwood Stephen Walsh, Jack Ustick, Ponzi Scheme, David Ruskjer, Bernie Madoff, Sky Capital, Joseph Forte, David Hernandez, Business News

Bernie certainly wasn't alone. As BusinessWeek recently pointed out, there's currently a "bull market for investment scams." Ponzi schemes, in whi...

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