Money flowed to insiders, not crypto exchanges. Court says banks owe no duty to non-customers. A federal appeals court just ...

A $200 million bitcoin Ponzi scheme that ripped off more than 90,000 investors worldwide has landed its CEO behind bars for 20 years in Virginia. Ramil Ventura Palafox, 61, a dual citizen of the ...

The SEC said the alleged did not invest client funds as represented and instead misappropriated the proceeds, including making $940,000 in Ponzi-like payments and spending nearly $3.2 million on ...

The Georgia Secretary of State’s office has formally opened an investigation into a company linked to the First Liberty Ponzi ...

Georgia Secretary of State Opens Investigation into Borrower(s) of the First Liberty Ponzi scheme. Investors in Global ...

Matthew Campbell, 43, of Fresno, pleaded guilty Monday to wire fraud in connection with a $9 million real estate investment fraud scheme, U.S. Attorney Eric Grant announced. According to court ...

The prospective client and the hot-shot trader first met over video conference. The trader boasted of a $4.3 billion portfolio, past success managing a hedgefund in Bermuda, a 100-person team ...

The CEO of an alleged fake AI company has been indicted on various charges in a $1 million Ponzi scheme. Xiao Hu, a.k.a. Mark Hu, 55, of Orlando, Florida, is charged with two counts of securities ...

A US federal judge in Virginia sentenced the chief executive of Praetorian Group International to 20 years in prison for running a $200 million cryptocurrency investment scheme that defrauded tens of ...

The feds are catching up with Tai Lopez, a self-help guru who created a doomed retail empire of faded brands like RadioShack ...

Praetorian Group CEO sentenced to 20 years for $200M Bitcoin Ponzi scheme that defrauded 90,000 investors worldwide.

(FOX40.COM) — A Fresno man has pleaded guilty to fraud for his involvement in a $9 million investment scam, federal officials said. Matthew Campbell, 43, pleaded guilty to wire fraud for misusing ...