Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

Wynn A.D. Charlebois, 55, was handed a six-year sentence and ordered to pay more than $5.7 million in restitution.

A Charlotte man has been sentenced to prison for orchestrating a Ponzi scheme, defrauding dozens of people across the country ...

Three execs of Drive Planning have been charged with defrauding investors and using soliticed funds to fund their lifestyles ...

A Charlotte man was sentenced to prison for stealing $6M from friends, family, fellow church members, and veterans in a ponzi ...

A former Charlotte businessman has been sentenced to six years in prison for running a years-long Ponzi scheme that bilked ...

Doug Miller was convicted of multiple felony pleas on Tuesday for the Ponzi scheme prosecutors say he and others ran as part of a Toledo investment firm.

An Indianapolis broker has been charged by the U.S. Securities and Exchange Commission for his alleged role in a $300 million Ponzi scheme. On Dec. 19, ...

A previously convicted Ponzi schemer who had received a pardon from President Donald Trump is heading back to prison due to involvement in a new fraudulent scheme. What Happened: Eliyahu Weinstein, a ...

A second defendant in a decade-long Ponzi scheme case has entered a guilty plea to numerous charges, according to Ohio ...

Investopedia explains pyramid schemes, how they work, their different forms, and how people can avoid these fraudulent money ...