Total losses by Marshall’s investors fall short of the multibillion-dollar Ponzi scheme masterminded by Bernie Madoff. But ...

The Department of Justice (DOJ) charged Wear with one count of securities fraud and one count of wire fraud, each of which ...

On Aug. 7, Robert Diamond was led away in handcuffs in front of many of those same friends to begin serving a six-month jail ...

The former CEO of a Miami payday loan company will spend years behind bars for orchestrating a massive fraud scheme.

The owner of a water machine vending company and a portfolio manager were allegedly behind a Ponzi-like scheme that raised ...

Sonoma's biggest property fire sale begins as $400M LeFever Mattson empire collapses. Six sales completed, dozens more coming ...

An Everett man facing multiple civil lawsuits over an alleged Ponzi scheme was hit with criminal charges this week.

This story was updated with a statement from Heller's bankruptcy attorney that was received after the story was posted.

Of the 50 witnesses named by the state, only 15 deposed during the hearings, and as a result the charges could not be proved ...

It’s not a big court case that the Securities and Exchange Commission (SEC) needed in order to freeze the assets and begin ...

Indiana money manager Marcus Schrenker lived the good life. He stayed in a waterfront mansion in an affluent neighborhood on ...