NEW YORK (AP) — Five former employees of imprisoned financier Bernard Madoff were convicted Monday at the end of a six-month trial that cast them as the long arms of their boss, telling an elaborate […]
SANTA ANA, Calif. (AP) – The CEO of an Orange County-based mortgage services firm has been sentenced to over three years in prison for running a Ponzi scheme that bilked more than $6.7 million from […]
HOUSTON (AP) — The star prosecution witness in the trial of convicted Texas financier R. Allen Stanford was sentenced Tuesday to five years in prison for helping to bilk investors out of more than $7 billion in one of the biggest Ponzi schemes in U.S. history.
(AP) – An Internet poker company founder has been released on bail after he surrendered last week to face charges he operated his business like a Ponzi scheme. Raymond Bitar was freed on $2.5 million […]