ponzi scheme

Are we safer from Ponzi schemes now?

Jan 9, 2014
A lot has changed since Bernard Madoff defrauded $17 billion. Has it made a difference?
Posted In: Bernie Madoff, ponzi scheme, Securities and Exchange Commission

Do big fines even matter for JP Morgan Chase?

Jan 6, 2014
The bank faces a hefty penalty for failing to warn customers of Bernie Madoff's infamous scheme, but all the fines don't seem hurt the company at all.
Posted In: JP Morgan Chase, Bernie Madoff, ponzi scheme, fines

Report calls Kabul Bank a 'ponzi scheme'

Nov 29, 2012
A new report says that the now collapsed Kabul Bank in Afghanistan acted as a 'ponzi scheme.'
Posted In: afghanistan, bank, fraud, ponzi scheme

Poker players expect big payout from online Ponzi scheme

Aug 1, 2012
Some online poker players are expecting a big payout soon, thanks to a multi-million dollar settlement between the Justice Department and two online poker companies. The companies were accused of running a Ponzi scheme.
Posted In: Tech, lawsuit, fraud, ponzi scheme, poker, online, payout