Luxury vehicles seized from the family of Edwin Brant Frost IV were sold this week through a court-ordered auction, with proceeds directed toward repaying investors allegedly defrauded through First L ...

An approval vote this week, and the new standoff with a splinter group of creditors, are the latest turns in bankruptcy proceedings tied to two former companies of indicted Sonoma Valley ...

Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

Victims of Victoria businessman Greg Martel's Ponzi scheme are being forced to pay taxes on earnings that were never actually a reality.

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 ...

Explore how Ponzi schemes exploit trust in Telangana, draining savings and evading regulation, with devastating impacts on ...