Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

A Charlotte businessman accused of running a Ponzi scheme is headed to prison. A judge sentenced Wynn Charlebois to six years ...

A former Ohio investment advisor has pleaded guilty to his role in a long-running Ponzi scheme that allegedly bilked investors out of $72 million. The former advisor, Doug Miller, will cooperate with ...

Technology bubbles have often concealed major frauds. From the railway boom to the Madoff affair, are there warning signs at ...

A box used by Agridime, now known as American Grazed Beef, to ship frozen meat products to consumers. (Jeff Beach/North Dakota Monitor) A court has ordered the cattle and beef marketing company ...

Three execs of Drive Planning have been charged with defrauding investors and using soliticed funds to fund their lifestyles ...

A Southern California woman was found guilty Thursday of defrauding an elderly Santa Rosa woman of more than $1.5 million in an elaborate Ponzi scheme, authorities said. Elana Cohen-Roth, 80, a former ...

Wynn A.D. Charlebois, 55, was handed a six-year sentence and ordered to pay more than $5.7 million in restitution.

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. Natalie Cochran was recently convicted of first degree murder for killing her ...

The charges were in connection with a $20 million Ponzi scheme. He was sentenced to 235 months’ (19 years and seven months) imprisonment followed by three years of supervised release. According to ...

This fraudster’s not lovin’ it. A Pennsylvania man who lived a life of luxury and even bought a miniature golf course — while stealing nearly $25 million from clients over 17 years — was forced to ...

Former advisor Doug Miller pleaded guilty in a Ponzi scheme related to Northwest Capital, defrauding investors of $72 million.