News tagged with “ponzi scheme”. Found:
293 tagged news reports.
Your Search Returned 293 tagged news reports
Petters trial enters Day 4 of deliberations
Saint Paul :: Canada | about 6 hours ago
Credibility
Jurors have begun Day Four of deliberations in the fraud trial of Minnesota businessman Tom Petters. The seven-woman, five-man jury reached the 17-hour mark on Monday evening after getting the case last week. They're considering a 20-count indictment,...
Tags: Canada, Saint Paul, Fraud, Ponzi scheme, Tom Petters, Law Crime, Jury, Charles Ponzi
Ex-lawyer charged in $1.2 billion Florida Ponzi scheme
San Francisco :: CA :: USA | about 13 hours ago
Credibility A disbarred Florida lawyer surrendered to the FBI on Tuesday and pleaded not guilty to charges he bilked investors out of $1.2 billion in a Ponzi scheme that funded his luxury lifestyle and political largess. Scott Rothstein, who fled to Morocco in late...
Tags: Scott Rothstein, ponzi scheme, Mr. Rothstein, Florida Ponzi, wire fraud, florida lawyer, pleaded guilty, San Francisco, Law Crime, Confidence tricksters, Fraud, Charles Ponzi, Disbarment, Tort law, Chicago Burlington and Quincy Railroad, Crimes, Year of birth missing, Mike North, Downers Grove, Deception, Charlie Crist, Entertainment Culture
Durham investigation widens to Texas firm
Indianapolis :: IN :: USA | 1 day ago
Credibility Another company with ties to embattled Indianapolis businessman Timothy S...It has since sold off its operations and is now a holding company run by Durham and several business associates, including Robert Kaiser and David Tornek. Fair Finance Co., co-owned...
Tags: Timothy S. Durham, Timothy Durham, Indianapolis, U.S, indianapolis businessman, Charles Ponzi, Confidence tricksters, Asset forfeiture, Ponzi scheme, Durham, Business Finance, Marion County Indiana, Filing, Geist Reservoir
US lawyer charged in $1bn fraud
Fort Lauderdale :: FL :: USA | 1 day ago
Credibility Scott Rothstein, 47, is expected to appear before a federal magistrate in Fort Lauderdale later. The alleged Ponzi scheme, whereby early investors were paid off with the money of new clients, is similar to that run by Bernard Madoff. Earlier this year,...
Tags: Scott Rothstein, Fort Lauderdale, Florida Ponzi, South Florida, fraud scheme, ponzi scheme, FBI, racketeering charged, Fla, attorney scott, Law Crime, Fraud, Charles Ponzi, Deception, Confidence tricksters, Tort law, Crimes, economics, Bernard Madoff, NASDAQ, U.S. Securities and Exchange Commission, Rhode Island, Politics, Business Finance, Madoff, Federal Bureau of Investigation, Fort Lauderdale Florida, Securities fraud, Charlie Crist
No verdict yet in U.S. case of accused Ponzi schemer
Saint Paul :: Canada | 1 day ago
Credibility A federal jury adjourned deliberations on Monday without reaching a verdict over whether Minnesota businessman Tom Petters orchestrated a $3.65 billion fraud that prosecutors have labeled a Ponzi scheme. Prosecutors have accused the founder of Petters...
Tags: Tom Petters, Canada, Saint Paul, Fraud, Ponzi scheme, Law Crime, Jury, Charles Ponzi, Confidence tricksters, Legal procedure, Money laundering, Petters Group Worldwide, Business Finance, Costco
Man who has done business in Lee denies Ponzi scheme
Citrus :: CA :: USA | 1 day 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 | 1 day 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 | 4 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 | 6 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 | 6 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
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