He promised investors 10% gains. Now, he’s accused of using their money for sailing excursions in an alleged Ponzi scheme
A financier has been extradited from the United Kingdom to the United States to face allegations that he cheated investors ...
Saturday, June 6, 2026
Tag: scheme
Trump commutes sentence for private equity exec convicted in scheme to defraud over 10,000 investors
President Donald Trump has commuted the prison sentence of former investment manager David Gentile, who was convicted of defrauding investors — the ...
Four accused in black-market scheme to smuggle hundreds of Nvidia GPUs to China—while raking in millions
Federal authorities arrested four men for shipping contraband Nvidia chips, which are critical components for artificial intelligence companies. The men ...
Skill financing scheme, Pradhan Mantri Kaushal Mudra Yojana, likely to be unveiled in Budget
New Delhi: India is firming up a new scheme-Pradhan Mantri Kaushal Mudra Yojana (PMKMY)- to fund skilling of the country's ...
California Attorney Pleads Guilty For Role In $912M Ponzi Scheme
Rule of thumb: you should never represent your client in a way that will make you need a lawyer down ...
Massachusetts Treasury Check Fraud: $8.8 Million Scheme Leads to Federal Charges
In one of the largest Treasury check fraud cases to emerge from Massachusetts, federal authorities have charged eight individuals with ...
Harvard Business School grad charged with swindling fellow alums out of $4 million in Ponzi scheme
A Harvard Business School graduate was arrested Thursday on fraud charges alleging he swindled fellow alumni of the prestigious school ...
Putin adviser accuses US of planning stablecoin scheme to eliminate $35 trillion debt
Russian President Vladimir Putin’s adviser, Dmitry Kobyakov, accused the US of orchestrating a crypto strategy to eliminate its $35 trillion ...
Aspiration co-founder to plead guilty to $248M fraud scheme
Sustainability-focused fintech Aspiration was flying high a few years ago, attracting famous investors including Orlando Bloom, Leonardo DiCaprio, and Robert ...
Dave Ramsey urges caller not to join grandma’s scheme to deceive IRS about $1 million debt
Sarah and her husband rent a place in Los Angeles and are expecting their first child. But she called into ...
-1024x768.jpg "Red Snapper Used as Cudgel by Fed Judge")
The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.