Alleged victims of what's been called one of the largest Ponzi-type schemes in Canadian history say jail time for the two Calgary men accused in the case would provide some closure. Gary Sorenson, 71, ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Ponzi schemes have swindled millions throughout history, and some of the largest were truly shocking. This video explores the biggest scams ever, showing how fraudsters deceived investors and ...

The last of eight defendants sentenced for committing the biggest Ponzi scheme in California history has received a 5½ year state prison term, authorities said. U.S. District Judge Dale A. Drozd ...

A financial group chief executive is accused of running the largest Ponzi scheme in Georgia’s history to fund a high-end lifestyle, which included purchasing a yacht, a multimillion-dollar condo in ...

BOSTON — They're smart and charming. They have an aura of success about them and exude respectability. Above all, they instill confidence. Which is, after all, why they are called con men. Bernard ...

The FBI said the CEO of a financial group orchestrated possibly the largest Ponzi scheme in Georgia history. Drive Planning LLC CEO Todd Burkhalt has pleaded guilty.