A Texas radio host was sentenced to three life prison sentences Monday for a Ponzi scheme in which he bilked elderly listeners out of millions of dollars.
A Michigan pastor has been sentenced to more than eight years in prison for defrauding investors through a Ponzi scheme while his co-conspirator will spend three and a half years behind bars.
In 2009, a conman bilked members at Bethel Church in Redding, California, out of more than $650,000. Now, two shysters peddling a Ponzi scheme have reportedly struck the controversial megachurch again—this time defrauding investors of ...
25 years ago, in May of 1995, The Wall Street Journal published a series of stories that led to the downfall of the Foundation for New Era Philanthropy. New Era was a financial scandal that ...
