— 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 ...

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 ...

If you stand in the middle of the every-busy Lagos Island market and scream, “double your money in 10 days,” at least 100 people will turn to look. You can blame the economy, desperation, or our ...

Michele Bachmann is in the news for controversial financial ties ... again. This time the retiring Republican congresswoman is returning contributions from Frank Vennes, a man who lured people into ...

London (CNN) — A US government fund created to compensate thousands of people scammed by the late Bernie Madoff in history’s biggest Ponzi scheme is making its final batch of payments — and it has now ...

How many of us may remember back to the early 2000s and the name Bernie Madoff, the person who contrived and enacted perhaps the biggest Ponzi scheme of the 21st century? From his position as a ...

Two former directors of the insolvent Envy Group of companies are liable to investors for as much as $654 million lost in a nickel-trading scam and Singapore’s largest-ever Ponzi scheme, the High ...

Just how did Bernie Madoff pull off one the biggest Ponzi schemes in history? Frontline has the story tonight on KUAT-TV at 10 p.m. on Channel 6.

You’ve heard of Charles Ponzi, the swindler who gave big returns to early investors using money from subsequent clients. And you’ve heard of Bernie Madoff, imprisoned for one of the biggest Ponzi ...