Bernie Madoff orchestrated the largest Ponzi scheme in history, defrauding investors of around $64.8 billion over decades. , ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

— William "520 Percent" Miller of Brooklyn, N.Y., claimed in 1899 he had inside information on stocks and promised interest of 10 percent a week. He defrauded investors out of $1 million. — Charles ...

The last disbursement, of more than $131 million, is being sent to more than 23,000 victims worldwide. When it is completed, more than $4.3 billion will have been distributed by the fund to more than ...

HSBC Holdings (HSBC) (GB:HSBA) is bracing for a financial setback tied to one of the biggest frauds in history. Ahead of its Q3 earnings, the bank revealed that it could take a $1.1 billion loss due ...

Bernie Madoff, the former investment adviser with powerful connections who was convicted of running one of the largest Ponzi schemes in U.S. history has died in prison. He was 82. The Associated Press ...

Two Estonian nationals avoided additional prison time for orchestrating one of crypto’s largest Ponzi schemes (HashFlare) after receiving sentences matching the 16 months they already served in ...