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Tag: ponzi scheme

White House Senior Advisor Elon Musk walks to the White House after landing in Marine One on the South Lawn with U.S. President Donald Trump (not pictured) on March 9, 2025 in Washington, DC. Trump was returning to the White House after spending the weekend at Mar-a-Lago, his private club in Florida. (Photo by Samuel Corum/Getty Images)

DOGE: 12M ‘Aged 120 And Older’ Found Listed In Social Security Database, Now Conducting ‘Major Cleanup’

The Department of Government Efficiency (DOGE) has reported that over 12 million people 120-years-old and older were found to still be listed in the U.S. Social Security database.

Read More DOGE: 12M ‘Aged 120 And Older’ Found Listed In Social Security Database, Now Conducting ‘Major Cleanup’
The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo

US SEC case over massive Allen Stanford fraud ends, judge orders fines

A federal judge ordered an end to the SEC’s 16-year-old lawsuit over Allen Stanford’s $7.2 billion Ponzi scheme, directing the financier and two former colleagues to pay sums that will go largely uncollected.

Read More US SEC case over massive Allen Stanford fraud ends, judge orders fines
Disgraced Wall Street financier Bernard Disgraced Wall Street financier Bernard Madoff leaves US Federal Court after a hearing on March 10, 2009 in New York. Madoff has agreed to plead guilty to 11 counts of fraud, his lawyer said in court. AFP PHOTO/Timothy A. CLARY (Photo credit should read TIMOTHY A. CLARY/AFP via Getty Images)

Bernie Madoff Victims Paid Dispersed $159M In Ponzi Scheme Compensation Fund

The victims of Bernie Madoff’s Ponzi scheme were paid their ninth compensation payment. 

Read More Bernie Madoff Victims Paid Dispersed $159M In Ponzi Scheme Compensation Fund
A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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