Shivanand Neelannavar, promoter of a fraudulent ponzi scheme, arrested in Belagavi for unapproved financial operations.

Financial history is filled with examples of fortunes disappearing overnight. While recessions and bad investments often explain such collapses, cases of billionaires ruined by Ponzi schemes and ...

The Reserve Bank of India has asked people to beware of ponzi schemes and scams as it can cause huge monetary loss.

The case follows a similar but separate class-action filed in March, for which firm has hired White & Case to defend it.

Two men — Ryan Wear, of Everett, Washington, and Jordan Chirico, of Carmel, Indiana — have been indicted in New York on federal criminal charges related to two Ponzi-like schemes involving water ...

THE MAN ACCUSED OF LEADING A PONZI SCHEME IN ORLANDO WAS BACK IN FEDERAL COURT TODAY. INVESTIGATORS WANTED CHRISTOPHER DELGADO TO TURN OVER JEWELRY AND LUXURY CARS LIKE THE ROLLS ROYCE YOU SAW IN ...

Most of us have probably heard of Ponzi schemes or pyramid schemes. If you are familiar with these terms, you are likely thinking, like most people, that they would be easy to spot, thanks to the ...

From the earliest days of commerce to the modern digital economy, the promise of quick wealth has remained one of humanity’s most enduring temptations. Long before the rise of the internet and ...

When a Ponzi scheme collapses, how does a bankruptcy trustee with limited resources and hundreds of innocent investors — some winners, some losers — address all the competing issues in an equitable ...

Ponzi schemes and affinity fraud frequently overlap because both exploit trust and social interactions to operate effectively. A Ponzi scheme relies on a continuous stream of new investors to pay ...

Tom Geyer is an attorney for Columbus-based Bailey Cavalieri, an adjunct professor at Ohio State University’s Moritz College of Law, an expert witness on securities law and past commissioner of the ...