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

NEW YORK (Reuters) - A federal appeals court on Wednesday upheld former R&B superstar R. Kelly's sex trafficking conviction ...

Financial fraud poses a significant threat to investors, particularly within brokerages and trading platforms. This can take many forms, from Ponzi schemes to ...

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 ...

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

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.

CEO Bernard Arnault, who is shifting the company's focus to the US in order to avoid higher taxes in the EU, was the only Frenchman on the podium at the inauguration of Donald Trump. Meanwhile ...

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.

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

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 ...

Bernard Arnault joined the slew of business titans at the swearing-in of Donald Trump as the 47th U.S. president in the U.S. Capitol’s Rotunda. The founder, chairman and chief executive officer ...

LVMH chief Bernard Arnault and Reliance Industries chairman Mukesh Ambani—the world’s fifth- and eighteenth-wealthiest people—attended President Donald Trump’s inauguration events Monday ...