A Utah man was sentenced to 100 months in prison for his role in defrauding hundreds of investors in a Ponzi scheme.

Ponzi schemes pay out early investors with money from later investors. They differ from pyramid schemes in that Ponzi schemes are presented as investments with large returns, rather than business ...

Shark Tank's Mark Cuban openly admitted to operating a Ponzi-style chain letter system during his college years in the 1980s ...

The scheme, tied to First Liberty Building and Loan, is now under investigation by the Georgia Secretary of State's office, which says more than $140 million vanished in the fraud. For Phillip and ...

ATLANTA,None — The man behind a multi-million dollar Ponzi scheme exposed by Channel 2 will spend years in federal prison. Mastermind Charles Vaughn spent investors' money on a lavish lifestyle. In a ...

Mark Cuban shared that he ran a Ponzi scheme in the 1980s to pay for his junior year of college. He operated a chain letter ...

Key insight: The case against Berkshire Bank, which includes unusually detailed allegations, represents the latest test of the law in cases where bank customers commit fraud. Supporting data: The ...