Young, Hot Shot Hedge Funders Charged With Bilking $5M In Ponzi Scheme

Business | Thomas Phippen
Friends near the car. Hollywood star. Celebrating.

Spent The Money On Strippers

Woman Pleads Guilty To Bilking Green Energy Supporters Out Of Millions

Energy | Chris White
Green energy business concept.young businessman holding leaf and standing in front of solar panel and wind turbine. Tom Wang

‘Presented a fantasy world to prospective investors’

Full Tilt Poker CEO arrested in NYC for alleged Ponzi scheme - TheDC

Business | Ryan Lovelace

He faces a potential 145 years in prison if he is convicted on all counts

Obama campaign refuses to return Ponzi-schemer's contributions - TheDC

Politics | Alexa Fee
Allen Stanford

President’s campaign owes $4,600; Democratic Senatorial Campaign Committee on the hook for $950,500

Judge rules Stanford competent to stand trial - AP

Business | admin
Allen Stanford

On charges he bilked investors out of $7 billion in a massive Ponzi scheme

Allen Stanford 'not credible' on amnesia claim - Bloomberg

Business | Kells Hetherington
Allen Stanford

A doctor who evaluated the defendant at a federal prison in Butner, North Carolina, ‘concluded that Stanford’s performance indicated that he was ‘blatantly simulating cognitive defects’

TheDC Interview: Commodity Futures Trading Commission member - TheDC

Business | InternAdmin

‘Ponzi type schemes have existed since the time of Dickens … when the economy is the way that it is, people look for quick money’’

Madoff's wife, son say they had no inkling of Ponzi scheme - CNN

Business | InternAdmin
Andrew Madoff on 60 Minutes

Surviving son: ‘I’ll never forgive him for it. And I’ll never speak to him again’

First checks sent to victims of Madoff's Ponzi scheme - CNN

Business | InternAdmin
Bernie Madoff

The distribution is being made to the holders of 1,230 accounts and represents about 4.6 cents on the dollar of losses they incurred

Full Tilt Poker called a 'global ponzi scheme' - AP

US | interns

U.S. attorneys say the popular online game took over $440 million from customers

Is Social Security a Ponzi scheme? [VIDEO] - TheDC

Politics | Michelle Fields

Critics of Governor Rick Perry responded with outrage when he compared Social Security to one

'Crazy S**t!' - TheDC

Politics | C.J. Ciaramella

‘The only way Social Security could ever become anything like a Ponzi scheme is if we suddenly ended Social Security’

Boca Raton draws Madoff family, allies - Palm Beach Post

Business | Kells Hetherington

Having lost her Palm Beach mansion and New York penthouse, Ruth Madoff, wife of Ponzi schemer extraordinaire Bernard Madoff, has moved south

Madoff trustee ready to distribute $2.6B to victims - CNNMoney

Business | Chad Brady (admin)

Bernie Madoff’s victims to receive recovered funds for the first time

WikiLeaks says Madoff almost ripped off Qaddafi - Business Insider

| interns

According to WikiLeaks, notorious Ponzi scheme criminal Bernie Madoff approached the Libyan government about making an ‘investment’ that couldn’t lose

JPMorgan said to have doubted Madoff long before his scheme was revealed - NYT

Business | interns

Financial giant JPMorgan recognized that Madoff’s investments were actually part of his Ponzi scheme, but declined to bring it to regulators’ attention

Major Madoff investor's estate settles for $7.2 billion - WSJ

US | Steven Nelson (admin)

Victims of the fraud will benefit from the settlement, which quadruples the amount of money recovered for victims to date

Suicide won't end Madoff lawsuits - WSJ

Business | interns

Sources tell the Wall Street Journal that Mark Madoff was struggling to find work and fight off despondency in the months before he took his own life

Feds charge hundreds in fraudulent investment schemes - WaPo

Business | interns

Feds charge hundreds in fraudulent investment schemes

Government informants well rewarded by financial regulations bill - LAT

Politics | interns

Bill rewards between 10% to 30% of government fines