The Securities and Exchange Commission obtained a final consent judgment on January 13, 2026, against Matthew M. Motil, a podcast host who defrauded investors of millions of dollars through a Ponzi ...

A Charlotte man has been sentenced to prison for orchestrating a Ponzi scheme, defrauding dozens of people across the country ...

A crypto team generated $4M in 48 hours with ponzi games after 4 years of failed products, predicting 2026 as the Year of ...

Wynn A.D. Charlebois, 55, was handed a six-year sentence and ordered to pay more than $5.7 million in restitution.

An Indianapolis broker has been charged by the U.S. Securities and Exchange Commission for his alleged role in a $300 million Ponzi scheme. On Dec. 19, ...

WEST SPRINGFIELD — Ideal Financial Services is far from ideal, according to the commonwealth of Massachusetts. Ideal and and its sister business, Ideal Financial Holdings, are accused of defrauding ...

A 37-year-old former semi-pro rugby player in Seattle was sentenced to 30 months in prison for wire fraud on Wednesday, the Department of Justice (DOJ) announced. Shane Donovan Moore operated Quantum ...

The Nigeria Police have re-arrested and detained Peace Ikpo, an Abuja-based resident and former employee of Skybet, also ...

Here at the Bankruptcy Update, we frequently write on the intersection of insolvency and fraud, including collapsed Ponzi schemes. Another Ponzi-scheme related opinion recently issued from the United ...

HELENA, Mont. — An Idaho man, Shawn Cutting, is facing multiple charges for allegedly defrauding elderly investors through a Ponzi scheme. According to the Commissioner of Securities and Insurance ...

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 ...