Investors noticed that they were either receiving late payments or none at all.

The fraud indictment of two executives, Patrick and Edward James, has led to the closure of dozens of factories and layoffs for more than a thousand.

A California businesswoman accused of running a multi-million dollar Ponzi scheme has changed her plea to guilty.

Despite red flags, Chase “turned a blind eye and continued servicing the accounts used to perpetrate the fraud, earning substantial fees from the hundreds of millions of dollars” it touched in a ...

Todd Burkhalter promised big returns. His victims didn’t realize they were too good to be true.

Investors sued JPMorgan, claiming the bank ignored red flags and enabled a $328M Goliath Ventures crypto Ponzi scheme that allegedly impacted more than 2,000 victims.

Prosecutors called it the largest criminal fraud scheme in the history of the area.

ORLANDO, Fla. – The Central Florida man accused of operating a “Ponzi Scheme” is now facing a class-action lawsuit. Christopher Alexander Delgado, 34, of Apopka, was arrested last month and charged by ...

JPMorgan Chase faces lawsuit for allegedly processing $253 million in suspicious crypto Ponzi scheme transactions while ...

The lawsuits filed in California and Florida say the firms enabled the scheme, which prosecutors say defrauded investors of at least $328 million.