
Tag: Ponzi Scheme


Madoff Victims’ Recovery Tops 80% of Losses

Lawyer Gets Over Six Years in Prison for Ponzi Scheme
Todd Lahr took more than $2.7 million from his own law clients for purported Papua New Guinea mining operations and used it for personal expenses.

Financial Adviser Sentenced to More Than 3 Years in Prison for Ponzi Scheme
James Booth convinced an elderly widow to invest her late husband’s pension and another investor to hand over his child’s college funds.

Ex-Trader Gets More Than 5 Years in Prison for Ponzi Scheme

SEC, DOJ, CFTC Charge Three in Ponzi Scheme Targeting African Immigrants

SEC Charges Texas CEO with Swindling First Responders

Investment Adviser CIO Charged with Running Ponzi-Like Scheme

Crypto Ponzi Scheme Took Millions from over 100 Investors
The alleged victims included former MLB players, their families, and senior citizens.

CFO Pleads Guilty for Role in $1 Billion Ponzi Scheme
Funds were ‘pilfered’ to purchase luxury vehicles, real estate, and to pay earlier investors.

SEC Stops Ponzi Scheme Targeting Seniors, Small Businesses

SEC Charges Adviser over Ponzi Scheme Targeting Haitians
Ruless Pierre, who targeted family and friends, could face 45 years in prison.
Two Plead Guilty for Roles in $910 Million Ponzi Scheme
Victims were lured with the promise of gains from alternative energy tax credits.
SEC Charges Student with Running Ponzi Scheme Out of Frat House
Syed Arham Arbab allegedly promised ‘fictitious’ annual returns of up to 56%.
SEC Halts Alleged Diamond-Related ICO Ponzi Scheme
Regulator charges cryptocurrency firms with securities fraud.