What Is a Ponzi Scheme? Ponzi schemes typically lure in investors by promising high returns with little to no risk. Because initial investors often see high returns at first, early Ponzi schemes often ...

In a stunning development, Uttar Pradesh Police’s Economic Offences Wing arrested Gurnam Singh, director of Pearls Agro-Tech Corporation Ltd (PACL), in Punjab’s Ropar district, exposing one of India’s ...

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. Todd Burkhalter, the CEO of the Georgia-based financial advisory group Drive ...

"[T]he courts are kind of catching up to the amount of damage that these guys do. The sentences are getting longer, which is a good thing," said Jason Kellogg, partner at Levine Kellogg Lehman ...

The pitch offered a “truly passive, turnkey investment” that was “ideal for the passive investor.” For $8,500 to $10,000, you could own your own vending machine that dispensed one-gallon jugs of ...