A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent...
32 KB (4,099 words) - 16:42, 22 August 2024
Charles Ponzi (/ˈpɒnzi/, Italian: [ˈpontsi]; born Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi; March 3, 1882 – January 18, 1949) was an Italian charlatan...
42 KB (5,454 words) - 16:34, 2 September 2024
in 1872 it had become the largest case of fraud in 19th-century Bavaria. Johann Baptist Placht ran a Ponzi scheme in Vienna from 1872 to 1873, claiming...
123 KB (14,509 words) - 20:08, 3 September 2024
of Charles Ponzi's scheme are a 20th-century example of mail fraud. Ponzi was charged with the U.S. federal crime of mail fraud. Wire fraud was first defined...
14 KB (1,656 words) - 04:01, 23 August 2024
МММ was a Russian company that perpetrated one of the world's largest Ponzi schemes of all time, in the 1990s. By different estimates from 5 to 10 million...
21 KB (1,890 words) - 08:19, 15 August 2024
Bernie Madoff (category Pyramid and Ponzi schemes)
massive fraud. On March 12, 2009, Madoff pleaded guilty to 11 federal felonies and admitted to turning his wealth management business into a massive Ponzi scheme...
135 KB (12,192 words) - 17:55, 29 August 2024
investment activities. The largest instance of securities fraud committed by an individual ever is a Ponzi scheme operated by former NASDAQ chairman Bernard Madoff...
29 KB (3,295 words) - 11:08, 15 August 2024
IIG Capital (section Ponzi scheme)
Million Ponzi-Like Scheme". www.justice.gov. 2022-04-11. Retrieved 2023-03-06. "NY Fund Manager Gets 13 Months for $100 Million Ponzi Fraud (1)". news...
18 KB (2,026 words) - 11:36, 16 June 2024
Lou Pearlman (category Pyramid and Ponzi schemes)
Indicted on Fraud Charges". WTSP. "Lou Pearlman". Abramovitch, Seth (January 22, 2014). "Boy Band Mogul Lou Pearlman's Prison Interview: My Ponzi Scheme Was...
43 KB (4,136 words) - 12:32, 24 August 2024
Zach Avery (category Pyramid and Ponzi schemes)
2021, he pleaded guilty to securities fraud for his role in defrauding investors of $227 million through a Ponzi scheme and, as a result, was sentenced...
39 KB (2,855 words) - 23:02, 30 August 2024