FORT LAUDERDALE, Fla. — A once high-flying attorney who courted politicians and celebrities was arrested Tuesday on federal racketeering and fra...
businessinsider.com | Lawrence Delevingne | Posted 12.01.2009 | Business
Worried Dick Fuld and Jimmy Cayne will never be charged? Fortunately, we've found some new alleged white collar criminals to bear the brunt of your w...
AP | Posted 11.17.2009 | Denver
DENVER — Federal regulators have accused four people and two companies of fraud in an alleged $30 million Ponzi scheme that lured 300 investors ...
AP | VERENA DOBNIK | Posted 11.16.2009 | New York
NEW YORK (Associated Press) -- It was about fascination with big money – and the life of a couple at the center of the biggest financial fraud c...
AP | IVAN MORENO | Posted 11.11.2009 | Denver
DENVER — A Denver man allegedly defrauded people in a national Ponzi scheme involving more than $12 million that was supposed to go real estate ...
AP | DAVID B. CARUSO | Posted 11.10.2009 | Business
NEW YORK — A man who made billions of dollars off Bernard Madoff's Ponzi scheme signed a will leaving the bulk of his fortune to charity, but th...
David A. Love | Posted 11.09.2009 | Politics
Often, people will look at a high-profile example of corruption, and conclude that the egregious act is an exception to the rule. In reality, it might be the tip of the iceberg.
Susan Skog | Posted 11.06.2009 | Impact
Helping other people reach for a brighter day helped me not just survive, but soar, after staggering Ponzi losses.
Lita Smith-Mines | Posted 11.05.2009 | Business
If buyers can't buy, the real estate market stays in a sinkhole. Can't the assholes in Washington understand that they really, really need us to save the market?
AP | LARRY NEUMEISTER | Posted 11.04.2009 | Business
NEW YORK — Bernard Madoff's longtime auditor pleaded guilty to securities fraud charges Tuesday, saying he failed to do his job to verify the disgra...
The Huffington Post | Julian Hattem | Posted 11.02.2009 | Business
As part of its Bearing Witness 2.0 project, the Huffington Post is rounding up a few of the best local stories of the day. Representatives of the F...
bloomberg.com | Jef Feeley and Beth Hawkins | Posted 10.29.2009 | Business
Oct. 29 (Bloomberg) -- Petters Group Worldwide LLC founder Thomas Petters, charged with overseeing a $3.5 billion Ponzi scheme, admitted he knew his p...
David A. Love | Posted 10.29.2009 | Books
Throughout history we have witnessed the ways in which societies compromise their legal systems to oppress the many, benefit the few, and sanction the unconscionable.
AP | BRIAN SKOLOFF | Posted 10.26.2009 | Business
PALM BEACH, Fla. — Jeffry Picower, a philanthropist accused of profiting more than $7 billion from the investment schemes of his longtime friend...
Danny Groner | Posted 10.21.2009 | Books
Although there were only 30 people in attendance for his reading, Penenberg led it skillfully. Amateur writers should take note of some of Penenberg's successes.
AP | JENNIFER KAY | Posted 10.17.2009 | Business
MIAMI — Three men are accused of running a Ponzi scheme that scammed more than $14 million from hundreds of Haitian-American investors in South ...
nypost.com | JAMES DORAN, KAJA WHITEHOUSE and RICHARD WILNER | Posted 10.12.2009 | Business
Wesley Snipes can't seem to get anything right when it comes to his personal finances. The notorious star of the hit "Blade" trilogy found a new ki...
AP | Posted 10.09.2009 | New York
CENTRAL ISLIP, N.Y. — A federal judge says a New York businessman accused of orchestrating a $413 million Ponzi scheme has violated conditions o...
AP | FRANK ELTMAN | Posted 11.30.2009 | New York
MINEOLA, N.Y. — An attorney who claimed his own experience as an adopted child motivated him to help people seeking to start families is suspect...
newsday.com | September 22, 2009 | Posted 11.23.2009 | Business
More than 2,200 Bernard Madoff investors are learning that some of their personal and financial information has potentially been breached after the Ju...
Jerry Brown | Posted 11.21.2009 | Business
Some called Beverly Hills financial adviser Stanley Chais an investment wizard, but in reality he was nothing more than a glorified middleman, channeling hundreds of millions of dollars in investors' funds to Bernie Madoff in New York.
Herald Tribune | Michael Pollick | Posted 11.21.2009 | Business
The list of failed Southwest Florida investments keeps getting longer. Arthur G. Nadel faces 15 federal counts in an alleged scheme that cost investo...
AP | Posted 11.21.2009 | New York
NEW YORK — Two men lured victims into an $80 million Ponzi scheme by convincing them they were investing in thousands of automated teller machin...
AP | CHRISTOPHER WEBER | Posted 11.12.2009 | Business
LOS ANGELES — Danny Pang, an Orange County financier accused by federal regulators of defrauding investors out of hundreds of millions of dollar...
AP | DAVID B. CARUSO | Posted 11.09.2009 | New York
NEW YORK — A small-time money manager who did business out of a shabby storefront in Brooklyn was charged Tuesday with running a $40 million Ponzi s...
AP | CURT ANDERSON | Posted 12.01.2009 | Business