Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Todd Burkhalter,was sentenced to 20 years in prison for running Georgia's largest Ponzi scheme. Learn how the scam worked and ...

First Liberty founder Brant Frost IV has pleaded guilty to federal wire fraud in a now-defunct Georgia lending firm.

Rathnakishore Giri was sentenced to nine years in prison for orchestrating a sophisticated cryptocurrency Ponzi scheme. He falsely presented himself as an expert in Bitcoin derivatives, promising ...

A federal appeals court has upheld prison time for a Puerto Rico insurance promoter who ran a multimillion-dollar Ponzi scheme targeting investors with false promises. Carlos Maldonado-Vargas, founder ...

The Gazette offers audio versions of articles using Instaread. Some words may be mispronounced. The Gazette's Dec. 29 definition of a Ponzi scheme: “A constant infusion of new investors (taxpayers) to ...

Every year, thousands of intelligent and otherwise capable people fall victim to some form of exploitation or fraud. The fallout is devastating, both financially and psychologically. Rates of ...

If you stand in the middle of the every-busy Lagos Island market and scream, “double your money in 10 days,” at least 100 people will turn to look. You can blame the economy, desperation, or our ...