In a unanimous decision filed September 16, Idaho's highest court vacated a $1.5 million negligence verdict against Pacific Life Insurance Company, finding the insurer had no duty to protect a policyholder from losses tied to a fraudulent investment sold by someone else.

Travis Kelce is among the victims of a Ponzi scheme run by an Indian-origin man who has been sentenced to 11 years in jail. However, it is not known when and how much he invested.

Smith labeled it an "unsuccessful venture" and denied allegations of defrauding a Native American-owned energy company.

A Danville man who pleaded guilty to a multi-million-dollar Ponzi scheme earlier this year was handed nearly a decade in prison. Edwin Emmett Lickiss, 78, pleaded guilty in federal court

Two former co-trustees of real estate fund iCap Equity allege Perkins Coie was aware their former client was running a Ponzi scheme.

The regulator says the affinity-fraud scam targeted inexperienced investors, many of whom are Christians of Ghanaian heritage in New York and New Jersey.

SEC charges Ernest Ossei Boateng over an alleged $16M Ponzi scheme that drew 200+ investors, including churches; $5.8M allegedly misappropriated.