Buffett’s right-hand man, the late Charlie Munger, strongly defended the program. He said that he felt more strongly than ...

Shark Tank's Mark Cuban openly admitted to operating a Ponzi-style chain letter system during his college years in the 1980s ...

Both Ponzi and pyramid schemes have been reinvented over the years, but at the core of each is essentially the same devious deceit-paying new investors with money from old investors.

Mark Cuban shared that he ran a Ponzi scheme in the 1980s to pay for his junior year of college. He operated a chain letter ...

Before he was a billionaire, NBA team owner and TV personality, Mark Cuban was just another college student trying to figure ...

A former podcaster was sentenced to 70 months in federal prison for orchestrating a real estate Ponzi scheme that took in over $7.3 million from at least 63 victims across the United States, according ...

After orchestrating a cryptocurrency Ponzi scheme that generated more than $577 million in sales and targeted hundreds of thousands of people around the world, two men from Estonia were sentenced ...

Tacoma-based Columbia Bank has been drawn into a lawsuit spawned from a sprawling real-estate Ponzi scheme that included a Tacoma property. On Friday, the iCap Liquidating Trust filed new lawsuits ...