The iCon Group became the subject of significant attention after several victims filed complaints against the company. The ...

The Ponzi scheme presumption applies when a bankruptcy trustee (or similarly situated plaintiff) establishes that a Ponzi scheme exists. As a matter of law, it allows the court to infer the Ponzi ...

An “extended” closure is in place for northbound Interstate 95 in Harford County as crews battle the fiery aftermath of a ...

Over the past few years, South Africa has experienced the rise and fall of three large Ponzi schemes — MTI, BHI Trust, and the Diamond Scheme — that saw investors lose millions. Ponzi schemes ...

A federal judge has declared that iCap Equity, accused of bilking hundreds of real estate investors, operated as a Ponzi scheme. Chief Judge Whitman Holt ruled in a Yakima bankruptcy court that ...

A federal judge ruled Thursday that a Bellevue-based real estate investment firm accused of defrauding hundreds of investors operated as a Ponzi scheme, using investors’ money to repay other ...

The Economic and Financial Crimes Commission has arrested a radio host, Favour Ekoh, in connection with an alleged N700 million Ponzi scheme. Ekoh, who anchors the “Prime Time” program on ...

IRS Forensic Investigations, led by investigator Chad Thomas, has been unravelling what was a classic Ponzi scheme orchestrated by a romantic couple, Alessandro Valecic and Elmarie Dukas.

South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join ...

The Economic and Financial Crimes Commission on Tuesday arrested a radio host, Favour Ekoh, in connection with an alleged N700 million Ponzi scheme. The anti-graft agency accused Ekoh, who anchors ...

PROVIDENCE – A Rhode Island mortgage broker has admitted to misappropriating $1.5 million in investors’ money in an elaborate Ponzi scheme and then spending the money for personal expenses and ...

That is why this country is a fertile ground for swindlers and Ponzi scheme promoters. The older among us will remember the “Kubus” scheme where punters bought milk cultures, cultivated them ...