If it’s too good to be true, why do people believe it it’s true? “Because they’re either greedy or stupid.” That’s the most frequent take I hear about anybody who falls for an investment ...

A Finra arbitration panel has ordered Atlanta-based broker-dealer Arkadios Capital to pay damages to the victim of a scam perpetrated by someone who never worked for the firm. A victim of a Ponzi ...

Arkadios Capital, a mid-sized broker-dealer in Georgia with 350 financial advisors, yesterday lost a FINRA arbitration lawsuit and has been ordered to pay $2.7 million in damages to a claimant who was ...

Rathnakishore Giri was sentenced to nine years in prison for orchestrating a sophisticated cryptocurrency Ponzi scheme. He falsely presented himself as an expert in Bitcoin derivatives, promising ...

La Pyramide: The Futuristic soul of Abidjan, Côte d'Ivoire. In the heart of Abidjan's administrative district, La Pyramide rises as a 62-meter monument to the era of the "Ivorian Miracle." Designed by ...

Over the past 4,600 years, the Great Pyramid of Giza has weathered a dozen or so major earthquakes. Most recently, the 5.9 magnitude Cairo earthquake of 1992 dislodged some casing stones from the ...

CLEVELAND, Ohio — The FBI is urging potential victims in Northeast Ohio to come forward as part of an investigation into an alleged real estate investment Ponzi scheme promoted on social media. A ...

Harefest returns to Canby fairgrounds for 14th year of 'Mother of all Tribute Festivals' Classic rock fans, get ready for the "Mother of all Tribute Festivals" as Harefest returns to the Clackamas ...

BUFFALO, N.Y. — Woodhill Capital President Richard Teplitsky was released from custody following his arraignment on Tuesday. He faces federal mail and wire fraud charges related to an alleged Ponzi ...

A businessman accused of stealing more than $50 million from hundreds of people in upstate New York as part of a massive Ponzi scheme pleaded guilty Tuesday to charges stemming from the fraud, ...

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Edwin Brant Frost IV is accused of running a $140 million Ponzi scheme in Newnan. Federal officials say Frost spent investor money on jewelry, luxury watches and a Maine vacation home. The former ...