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Ponzi Scheme

News
$4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says $4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says
$4.3B Now Recovered For Madoff Ponzi Scheme Victims, DOJ Says More than $4.3 billion has now been recovered for victims of Bernie Madoff’s massive…

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by Joe Lombardi
News
Westchester Man, Partner Sentenced For Roles In $1M Ponzi Scheme Westchester Man, Partner Sentenced For Roles In $1M Ponzi Scheme
Westchester Man, Partner Sentenced For Roles In $1M Ponzi Scheme A Westchester County man and his business partner have been sentenced for their…

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by Joe Lombardi
News
Bernie Madoff Ponzi Scheme Victims To Get $372M More In Distributions, Feds Announce Bernie Madoff Ponzi Scheme Victims To Get $372M More In Distributions, Feds Announce
Bernie Madoff Ponzi Scheme Victims To Get $372M More In Distributions, Feds Announce Thousands of Bernie Madoff’s Ponzi scheme victims will be…

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by Michael Mashburn
Police & Fire
Decomposed Body Found In Connecticut Home ID'd As Ponzi Swindler, Jeffrey Epstein Mentor Decomposed Body Found In Connecticut Home ID'd As Ponzi Swindler, Jeffrey Epstein Mentor
Decomposed Body Found In Connecticut Home ID'd As Ponzi Swindler, Jeffrey Epstein Mentor A body found in a Connecticut home during a welfare check…

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by Kathy Reakes
News
Man Sentenced For $12M Ponzi Scheme That Included Victim From Fairfield County Man Sentenced For $12M Ponzi Scheme That Included Victim From Fairfield County
Man Sentenced For $12M Ponzi Scheme That Included Victim From Fairfield County A New York man was sentenced for his role in a $12 million Ponzi…

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by Joe Lombardi
News
Owner, CEO Of Manhattan Investment Fund Among Trio Indicted For $1.8B Ponzi-Like Scheme Owner, CEO Of Manhattan Investment Fund Among Trio Indicted For $1.8B Ponzi-Like Scheme
Owner, CEO Of Manhattan Investment Fund Among Trio Indicted For $1.8B Ponzi-Like Scheme A man who was the head of a Manhattan investment fund…

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by Zak Failla
News
Westchester Man Arrested For Role In Decade-Long $1M Ponzi Scheme Westchester Man Arrested For Role In Decade-Long $1M Ponzi Scheme
Westchester Man Arrested For Role In Decade-Long $1M Ponzi Scheme A Westchester County man was arrested this week for his role in a near…

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by Zak Failla
News
NY Man Admits To Running $200M Ponzi Scheme In Region NY Man Admits To Running $200M Ponzi Scheme In Region
NY Man Admits To Running $200M Ponzi Scheme In Region A 53-year-old man has admitted to running a $200 million Ponzi scheme in New York based on…

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by Joe Lombardi
News
Madoff Ponzi Scheme Victims To Get Nearly $500M More In Distributions Madoff Ponzi Scheme Victims To Get Nearly $500M More In Distributions
Madoff Ponzi Scheme Victims To Get Nearly $500M More In Distributions Thousands of Bernie Madoff’s Ponzi Scheme victims will be receiving their portions…

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by Zak Failla
News
Fairfield County Man Sentenced For Running $5M Ponzi Scheme Fairfield County Man Sentenced For Running $5M Ponzi Scheme
Fairfield County Man Sentenced For Running $5M Ponzi Scheme A Fairfield County man has been sentenced to 42 months in prison in connection with his…

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by Kathy Reakes
News
Former Wall Street Trader Sentenced For Running $19M Ponzi Scheme Former Wall Street Trader Sentenced For Running $19M Ponzi Scheme
Former Wall Street Trader Sentenced For Running $19M Ponzi Scheme A former Wall Street trader has been sentenced to over five years in prison after…

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by Joe Lombardi
News
New Distribution Of More Than $378M Allotted To Madoff Ponzi Scheme Victims New Distribution Of More Than $378M Allotted To Madoff Ponzi Scheme Victims
New Distribution Of More Than $378M Allotted To Madoff Ponzi Scheme Victims Thousands of Bernie Madoff’s Ponzi Scheme victims will be receiving their…

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by Zak Failla
News
Fairfield County Investment Fund Co-Founder Admits To Multimillion-Dollar Fraud Scheme Fairfield County Investment Fund Co-Founder Admits To Multimillion-Dollar Fraud Scheme
Fairfield County Investment Fund Co-Founder Admits To Multimillion-Dollar Fraud Scheme The former co-founder of a multi-million dollar hedge fund has…

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by Zak Failla
News
Norwalk Financial Advisor Admits To Multimillion-Dollar Ponzi Scheme Norwalk Financial Advisor Admits To Multimillion-Dollar Ponzi Scheme
Norwalk Financial Advisor Admits To Multimillion-Dollar Ponzi Scheme A financial adviser from Fairfield County admitted to running a yearlong multi-million…

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by Zak Failla
News
Financial Adviser From Norwalk Charged In Multimillion-Dollar Ponzi Scheme Financial Adviser From Norwalk Charged In Multimillion-Dollar Ponzi Scheme
Financial Adviser From Norwalk Charged In Multimillion-Dollar Ponzi Scheme A financial adviser from Fairfield County is facing charges for allegedly running…

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by Zak Failla
News
Madoff Ponzi Scheme Victims To Get New $469M Distribution, Bringing Payout To $2.4B Madoff Ponzi Scheme Victims To Get New $469M Distribution, Bringing Payout To $2.4B
Madoff Ponzi Scheme Victims To Get New $469M Distribution, Bringing Payout To $2.4B Thousands of Bernie Madoff’s Ponzi Scheme victims will see some…

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by Zak Failla
News
CT Investment Adviser Found Guilty Of $1.5M Ponzi-Like Fraud Scene CT Investment Adviser Found Guilty Of $1.5M Ponzi-Like Fraud Scene
CT Investment Adviser Found Guilty Of $1.5M Ponzi-Like Fraud Scene A Connecticut jury has found a former investment adviser guilty on all counts of a…

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by Zak Failla
News
Area Real Estate Developer Sentenced For $58M Ponzi Scheme Area Real Estate Developer Sentenced For $58M Ponzi Scheme
Area Real Estate Developer Sentenced For $58M Ponzi Scheme A real estate developer will spend time behind bars for operating a years-long $58 million…

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by Joe Lombardi
News
New Payoff To Thousands Of Victims Of Madoff Ponzi Scheme Totals $695 Million New Payoff To Thousands Of Victims Of Madoff Ponzi Scheme Totals $695 Million
New Payoff To Thousands Of Victims Of Madoff Ponzi Scheme Totals $695 Million Thousands of Bernie Madoff’s Ponzi Scheme victims will soon see some…

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by Zak Failla
News
Area Native, Ex-WFAN Radio Host Craig Carton Found Guilty Of Ponzi Scheme Area Native, Ex-WFAN Radio Host Craig Carton Found Guilty Of Ponzi Scheme
Area Native, Ex-wfan Radio Host Craig Carton Found Guilty Of Ponzi Scheme After just a weeklong trial, former WFAN sports talk personality and…

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by Zak Failla
News
Area Native, Ousted WFAN Radio Host Craig Carton's Trial Underway Area Native, Ousted WFAN Radio Host Craig Carton's Trial Underway
Area Native, Ousted Wfan Radio Host Craig Carton's Trial Underway Westchester native and former WFAN sports talk personality Craig Carton’s fraud trial…

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by Zak Failla
News
Investment Fund Co-Founder From Rowayton Charged In $20 Million Fraud Scheme Investment Fund Co-Founder From Rowayton Charged In $20 Million Fraud Scheme
Investment Fund Co-Founder From Rowayton Charged In $20 Million Fraud Scheme The former co-founder of a multi-million dollar hedge fund is facing…

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by Zak Failla
News
Ex-CEO, 33, Fined $9 Million, Sentenced To Prison For Digital Currency Ponzi Scheme Ex-CEO, 33, Fined $9 Million, Sentenced To Prison For Digital Currency Ponzi Scheme
Ex-ceo, 33, Fined $9 Million, Sentenced To Prison For Digital Currency Ponzi Scheme The former CEO of a virtual currency company is heading to prison and…

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by Zak Failla
Real Estate
Area Real Estate Developer Charged In Investment Scheme Area Real Estate Developer Charged In Investment Scheme
Area Real Estate Developer Charged In Investment Scheme A real estate developer is facing up to two decades behind bars for operating an alleged…

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by Zak Failla
News
Fairfield County Man, 49, Sentenced For $6M Ponzi Scheme Fairfield County Man, 49, Sentenced For $6M Ponzi Scheme
Fairfield County Man, 49, Sentenced For $6M Ponzi Scheme A 49-year-old Wilton man was sentenced to more than three years in prison Tuesday for using…

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by Joe Lombardi
News
Northern Westchester Hedge Fund Manager Pleads Guilty To $22M Ponzi Scheme Northern Westchester Hedge Fund Manager Pleads Guilty To $22M Ponzi Scheme
Northern Westchester Hedge Fund Manager Pleads Guilty To $22M Ponzi Scheme A former hedge fund manager from Northern Westchester pleaded guilty…

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by Joe Lombardi