The Suburbs Have Become a Ponzi Scheme

In the news coverage that followed ... in places such as Ferguson and Penn Hills is the equivalent of a Ponzi scheme. It’s “the development version of slash-and-burn agriculture,” he ... 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

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

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

man solicited at least $3.5 million for an alleged Ponzi scheme while facing a criminal fraud charge for a prior alleged ... the legitimacy of the $360,000 US restitution paid through two cheques ... 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

Virtual Ponzi Scheme Implodes - Cryptocurrency Masterminds Are Missing

New buyers were required to reward previous buyers, thereby attracting more new buyers, just like in Charles Ponzi's scheme (and the ... Tie the CC to the US$. Say, what? Why not just toss the ... 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

Senators Compare Hospital Landlord MPT To 'Ponzi Scheme,' Urge It To Reduce Rents

For years, the two companies have charged rents that have left operators ... said the investments have the "appearance of a Ponzi scheme that continues to harm Steward-owned hospitals." ... Read More

Record number of Chinese migrants arrested for illegally crossing into US — same number in six months as the whole of 2023

SAN DIEGO, California — The number of Chinese migrants illegally crossing the US-Mexico border has hit a new record with 24,200 arrested in the last six months, mostly in San Diego County ... Read More

Protectionism Is Running Amok in the US

An American president opposing investment by a staunch ally in a US manufacturing company is a sign that protectionism has run amok. What Biden should be focused on instead is the long-term ... 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

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