Investors noticed that they were either receiving late payments or none at all.

JPMorgan Chase faces lawsuit for allegedly processing $253 million in suspicious crypto Ponzi scheme transactions while ignoring fraud red flags.

A California businesswoman accused of running a multi-million dollar Ponzi scheme has changed her plea to guilty.

Todd Burkhalter promised big returns. His victims didn’t realize they were too good to be true.

ORLANDO, Fla. – The Central Florida man accused of operating a “Ponzi Scheme” is now facing a class-action lawsuit.

Investors sued JPMorgan, claiming the bank ignored red flags and enabled a $328M Goliath Ventures crypto Ponzi scheme that allegedly impacted more than 2,000 victims.

Prosecutors called it the largest criminal fraud scheme in the history of the area.

"White-collar crime is not victimless." ...

Despite red flags, Chase “turned a blind eye and continued servicing the accounts used to perpetrate the fraud, earning substantial fees from the hundreds of millions of dollars” it touched in a ...

The lawsuits filed in California and Florida say the firms enabled the scheme, which prosecutors say defrauded investors of ...