Coweta County District Attorney Herb Cranford confirmed Thursday that his office has received a criminal referral from the Georgia Secretary of State’s Offi ...

Last June, the Supreme Court of British Columbia ruled that investors who received returns from an alleged $300-million Ponzi ...

Todd Burkhalter pleaded guilty to orchestrating a $380 million scam, likely the largest Ponzi scheme in Georgia history. Prosecutors recommended a 17.5-year prison sentence for the CEO after he ...

Atlanta — A financial adviser in Georgia pleaded guilty Wednesday to wire fraud in a Ponzi scheme that bilked more than 2,000 people out of $380 million, federal authorities announced. Prosecutors ...

One of those is Ramil Ventura Palafox, who today was sentenced to a full 20 years in federal prison by a Virginia court for ...

Todd Burkhalter promised big returns. His victims didn’t realize they were too good to be true.

Dan Raby, the senior digital producer for CBS News Atlanta, has been covering everything happening around Georgia for more than a decade. The founder of a Georgia-based financial advisory group ...

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 ...

A previously convicted Ponzi schemer who had received a pardon from President Donald Trump is heading back to prison due to involvement in a new fraudulent scheme. What Happened: Eliyahu Weinstein, a ...

That wasn’t much of a jail break. A convicted New Jersey Ponzi schemer who was sprung from prison after a pardon from President Trump during his first term is headed back to the slammer for running ...

Thousands of clients trusted Todd Burkhalter to invest their money in high-yielding real estate loans. In reality, Burkhalter was running a massive Ponzi scheme while splurging on motorcoaches and ...