Sign Up | Feedback | Log In

Ponzi Scheme

/ 807 Views

Stanford Indicted for Alleged Ponzi Scheme

Jun 19, 2009 10:07 AM

Texas billionaire R. Allen Stanford, whose sprawling banking empire collapsed this year, has been indicted for what prosecutors say is a $7 billion scheme to defraud investors. (June 19)

SA rocked by R10bn Ponzi scheme

Jun 11, 2009 3:28 AM

Excerpt ...a baby any day now and I don't even have money to pay the doctor," Tewary told the Financial Mail. The website describes a Ponzi scheme as a fraudulent investment operation that pays...

In-Depth Look - Another Ponzi Scheme - Bloomberg

Jun 10, 2009 7:32 AM

SEC Alleges Ponzi Scheme Run by Peter Son and Jin Chung of California - Had 500 Investors in the US, South Korea, and Taiwan, and Funds Were Used to Pay Mortgages; Fund Promised 36% Returns, Now SE...

P. Schiff: US giant ponzi scheme ready to collapse

Jun 9, 2009 3:25 PM

www.disclose.tv Sad stuff; Schiff tears the US econ a richly deserved new one while some old tired windbag repeats the same old rusty merry-go-round bubble everythings-just-fine tune. Nothing you d...

Piccoli admits guilt in ponzi scheme

Jun 8, 2009 3:08 PM

Piccoli admits guilt in ponzi scheme

Guilty plea from Ponzi scheme swindler

Jun 8, 2009 9:18 AM

82-year old Richard Piccoli of Williamsville is Monday taking a plea deal in US District Court, in connection with an elaborate case of fraud. www.wivb.com