ponzi

Happy anniversary, Bernie Madoff. Five years ago this month, he was arrested

Dec 5, 2013
Victims of Madoff's scheme are still struggling to adjust to their financial losses -- and also their loss of trust.
Posted In: madoff, ponzi

Life not so rosy for women selling Mary Kay cosmetics

Jul 26, 2012
Mary Kay is a storied brand in the beauty products industry.
Posted In: mary kay, ponzi

Ponzify: Silicon Valley's next hot IPO

Jun 8, 2012
A prospectus for Silicon Valley's next hot tech stock offering, where nothing could possibly go wrong. It's a company called Ponzify.
Posted In: humor, ponzi, IPO

Broken trust: A Ponzi scheme victim bounces back

Mar 21, 2012
After falling victim to Ponzi schemer Allen Stanford, Carol Lovil is getting her life back on track. But she worries she may never be able to trust anyone again.
Posted In: New York Times, Allen Stanford, ponzi, scheme, texas, Investing, retirement savings

Mets owners settle Madoff suit

Mar 19, 2012
The owners of the New York Mets, who were Bernard Madoff investors and friends, agree to pay $162 million of gains from the Ponzi scheme.
Posted In: ponzi, Bernie Madoff, New York Mets

R. Allen Stanford convicted for Ponzi scheme

Mar 7, 2012
A Federal Jury in Texas has convicted Allen Stanford of defrauding investors to the tune of $7 billion in a Ponzi scheme.
Posted In: ponzi, banking, legal

Trial continues for accused Ponzi schemer Allen Stanford

Feb 8, 2012
The former CEO of the Stanford Financial Group is considered the biggest accused Ponzi schemer to be tried. One of the government’s key witnesses testifies this week.
Posted In: ponzi, Allen Stanford, trial

On 2nd anniversary of Madoff's Ponzi scheme arrest, son found dead

Dec 12, 2010
It's been two years since federal authorities hauled Bernie Madoff to lock-up for confessing to be the biggest con man in financial history. Thi...
Posted In: Bernie Madoff, investors, lawsuit, ponzi, SEC

Madoff does not pass Go

Mar 12, 2009
Bernie Madoff is headed straight for jail after pleading guilty today to the mother of all Ponzi schemes. In revoking bail, the judge said of...
Posted In: madoff, ponzi