Man accused of running Ponzi scheme in Missouri; investors lost tens of millions

LOUIS – A man faces federal charges after he allegedly ran a Ponzi scheme in Missouri and several ... Thanks for signing up! Watch for us in your inbox. Subscribe Now “The losses alleged ... Read More

Wisconsin Bank Cleared of Role in Massive Ponzi Scheme

(CN) – The Eighth Circuit cleared a Wisconsin bank Thursday of claims it aided and abetted a $194 million Ponzi scheme, finding it was not aware of the fraud when it opened and serviced the scammers’ ... Read More

FBI investigating former Copley basketball coach accused in lawsuits of running Ponzi scheme

CLEVELAND, Ohio — The FBI is investigating a former Copley High School basketball coach who has been accused in lawsuits of running a multimillion-dollar Ponzi scheme. FBI spokeswoman Susan ... Read More

US SEC Shuts Down WeedGenics For $60 Million Alleged Cannabis Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) has announced that it has obtained an emergency order to shut down WeedGenics, an alleged Ponzi-like scheme ... "WeedGenics," run by Rolf Max ... Read More

Green energy support scheme could start next year

A new support scheme to encourage renewable energy generation in Northern Ireland could be operational next year, the economy department has indicated. It intends to introduce a competitive ... Read More

Plea in $9M Ponzi scheme to turn California cow manure into green energy after feds call BS

A California man bilked investors out of $8.75 million over the span of five years by pretending to be in the business of turning cow manure into green energy ... dollar fraud scheme, in which ... Read More

EDA denies ties to company accused of running Ponzi scheme

A lawsuit is accusing the owner of a Virgin Islands equity firm of running a Ponzi scheme, and the V.I. Economic Development Authority distanced itself from the business in a statement issued ... Read More

Ontario man’s fraud charge dropped while he was allegedly running $10M Ponzi scheme: lawsuits

Emails show Crown agreed to drop charge once Ali Nojoumi paid back alleged victim A Thornhill, Ont., man solicited at least $3.5 million for an alleged Ponzi scheme while facing a criminal fraud ... Read More

Man convicted of $26M Ponzi scheme released

WAILUKU — Former Maui resident and The Mortgage Store owner George Lindell, who was convicted with his daughter of bilking 166 people out of more than $26 million in a Ponzi scheme, has been ... Read More

FBI investigating former Copley basketball coach accused in lawsuits of running Ponzi scheme

Dente has faced dozens of lawsuits that accuse him of running a Ponzi scheme that bilked some 800 investors out of more $220 million, according to court filings and the court-appointed receiver ... Read More

Green energy support scheme could start next year

A new support scheme to encourage renewable energy generation in Northern Ireland could be operational next year, the economy department has indicated. It intends to introduce a competitive auction ... Read More