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 ...

William Apostelos could face up to 15 years in a federal prison A Springboro man admitted guilt Friday in a $70 million Ponzi scheme that a federal prosecutor called the biggest locally in history, ...

Madoff orchestrated the largest Ponzi scheme ever, defrauding investors of about $65 billion. His scam devastated charities, pension funds, and wealthy individuals. 4. Lehman Brothers Collapse (2008) ...