News tagged with “ponzi scheme”. Found:
289 tagged news reports.
Your Search Returned 289 tagged news reports
Jury to resume deliberations in Petters trial
Minneapolis :: MN :: USA | about 1 hour ago
Credibility
Paul on Monday to resume deliberations in the fraud trial of Tom Petters. The Minnesota businessman is accused of running a Ponzi scheme that cost investors more than $3.5 billion. The seven woman, five-man jury deliberated for a total of about 9 1/2...
Tags: Minneapolis, Confidence tricksters, Legal procedure, Fraud, Ponzi scheme, Tom Petters, Law Crime, Charles Ponzi, Jury
Man who has done business in Lee denies Ponzi scheme
Citrus :: CA :: USA | about 9 hours ago
Credibility A.M. — A businessman charged with scheming to defraud was running a Ponzi scheme that duped Southwest Florida real estate investors says a Citrus County sheriff�s detective. But Jerry Clawson, 58, who has an auto dealership in Citrus but also operates...
Tags: Jerry Clawson, Lee County Sheriff, LLC, Mike Kanter, ponzi scheming, Citrus, Confidence tricksters, Ponzi scheme, Business Finance, Clawson, Law Crime, Sarasota Florida, Charles Ponzi
Military-style, cult pyramid schemes hit China
Baoding :: China | about 14 hours ago
Credibility He stood at a chalkboard writing mathematical equations that he said explained how this formula for investing would make them all rich. Then came the big promise -- if everyone followed the formula, they could make $36,000 a month. Some cheered, others...
Tags: pyramid selling, pyramid scheme, China, CNN, Baoding, Ponzi scheme, Marketing, Direct marketing, Pyramid
Thankfully, the government is not always just one big turkey
Bridgeport :: CT :: USA | 2 days ago
Credibility Most of those responsible for the devastation have waddled down the basement stairs hoping to counteract massive doses of sleep-inducing L-tryptophan by listening to a lively impromptu concert by a trio of grade-schoolers who had thoughtfully brought...
Tags: Kevin, Bridgeport, U.S. Securities and Exchange Commission, Confidence tricksters, Politics, NASDAQ, Banquet, Ponzi scheme, Health insurance, economics, Bernard Madoff
Feds say they've busted Ponzi scheme
Cincinnati :: OH :: USA | 4 days ago
Credibility Federal prosecutors say authorities have broken up a Ponzi scheme in Hamilton that promised big payoffs on real estate but instead stole the life savings of more than 80 people, many of them elderly. A plea deal signed this week accuses salesmen for...
Tags: Capital Investments, prosecutors say, Kevin Miller, Cincinnati, U.S. Securities and Exchange Commission, Confidence tricksters, Fairfield Greenwich Group, Business Finance, Ponzi scheme, economics, Madoff investment scandal, Law Crime, Charles Ponzi
Hundreds greet royals on day 2 of their visit
Saint George :: Bermuda | 4 days ago
Credibility The streets of Hamilton were awash with cheers and frantic flag waving as the Queen and the Duke of Edinburgh continued their tour of the island today. Hundreds lined the royal route to catch a glimpse of the couple as the arrived in the capital by horse-drawn...
Tags: Bermuda Sun, Bermuda Equestrian Federation, Fairmont Hamilton Princess, Bermuda Employers, Bermuda, Saint George, Spamming, Anti-spam techniques, Spam, E-mail spam, Marketing, Cybercrime, Confidence tricksters, Institutional investors, Information technology management, Ponzi scheme, Optimist dinghy, Spam filtering, Technology Internet, Bernard Madoff, Hedge fund, Human Interest, Financial crisis, Strangles, Dinghies, Anti-spam, Bermuda Triangle, economics, Electronic commerce
Fund manager linked to alleged scheme
Fort Lauderdale :: FL :: USA | 5 days ago
Credibility Florida hedge fund manager George Levin had extensive dealings with attorney Scott Rothstein 's alleged massive Ponzi scheme, court documents indicate. Documents in a lawsuit against Levin filed Friday include an offering memo drawn up April 30 by for...
Tags: George Levin, hedge fund, Scott Rothstein, Fort Lauderdale, Ponzi scheme, Business Finance, Levin, Institutional investors, Confidence tricksters, Funds, Levites, Charles Ponzi, Confidence trick, Fort Lauderdale Florida, Financial services, Investment, Law Crime
Seven Fields development case ends
Seven Fields :: PA :: USA | 5 days ago
Credibility Tom Holman, deputy court administrator, had been anticipating a second round in civil court, much like one that took two full weeks of trial in 2002 after years of pretrial work. The paperwork in the case, which was filed in Butler County Common Pleas...
Tags: bankruptcy courts, Mr. Reilly, field development, Pittsburgh, Ernst & Young, Reillys, ponzi scheme, Seven Fields, Reilly, Confidence tricksters, State court, United States courts of appeals, Law Crime, Charles Ponzi, Jury
$20M Ponzi scheme stings Conn.
Hartford :: CT :: USA | 5 days ago
Credibility 11/24/2009 08:16:53 PM EST U.S. Attorney for the District of Connecticut said federal agents have arrested a former Wethersfield man accused of bilking investors out of $20 million during a 12-year period. Michael Goldberg, 38, is accused of falsely...
Tags: Michael Goldberg, District of Connecticut, ponzi scheme, Hartford, Confidence tricksters, Fraud, Law Crime, Charles Ponzi
No verdict yet in $3.6B Ponzi scheme case
Saint Paul :: Canada | 5 days ago
Credibility Paul, Minn., broke for the Thanksgiving Day holiday Tuesday without reaching a verdict in the $3.6 billion Tom Petters Ponzi scheme trial. The 52-year-old chairman of Petters Group Worldwide, whose holdings included Sun Country Airlines and Polaroid Corp.,...
Tags: Tom Petters Ponzi, Canada, Saint Paul, Petters Group Worldwide, Ponzi scheme, Tom Petters, Law Crime, Charles Ponzi, Confidence tricksters, Sun Country Airlines, Business Finance, economics, Bernard Madoff, Jury
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