BASED on New York Times journalist Diane Henriques’s account of the Madoff affair, The Wizard of Lies is a psychologically ...

Leigh-Ann Mulcahy KC, representing the FCA, said in legal documents that Staley’s association with Epstein “inevitably raised questions about his conduct and judgment”. She said the sanctions imposed ...

A federal appeals court on Wednesday upheld R. Kelly's sex trafficking and racketeering conviction, saying extensive evidence ...

As P.T. Barnum was quoted as saying, “there’s a sucker born every minute.” And stories about people falling for investment schemes that really are too ...

A federal court rejected R. Kelly’s appeal, saying evidence showed he controlled and abused victims through coercion and ...

Archegos Capital Management CFO Patrick Halligan was sentenced to eight years in prison for defrauding banks ahead of and ...

Lopez was convicted separately, and sentenced in 2013 to 20 years in prison. The SEC sued Stanford in Feb. 2009, two months ...

They contrasted them with the “vulnerable individual victims such as Holocaust survivors” that were the victims of Bernard Madoff’s Ponzi scheme. Madoff was sentenced to 150 years in prison.

Investors in Par Funding, a defunct Philadelphia small-business lender that raised $547 million from more than 1,700 investors in what the Securities and Exchange Commission calls a Ponzi scheme, have ...

The SEC sued Stanford in Feb. 2009, two months after the late swindler Bernard Madoff was criminally charged with running a much larger Ponzi scheme.