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What Is a Ponzi Scheme?
GoBankingRates via AOL· 2 years agoA Ponzi scheme is a form of investment fraud in which current investors are paid from the assets that are collected from new investors. Clearly, the...
Trustmark settles Stanford Financial lawsuit for $100M
Northeast Mississippi Daily Journal, Tupelo via Yahoo News· 1 year agoJan. 30—Trustmark's $100 million settlement in a long-running lawsuit involving the Stanford Financial Group Ponzi scheme cut deeply into the bank's quarterly earnings, it reported last week ...
Toronto-Dominion Bank Fired More Than a Dozen in Wake of Anti-Money-Laundering Failings, Source Says
The Wall Street Journal· 1 month agoBUSINESS OTTAWA— Toronto-Dominion Bank fired more than a dozen people for conduct issues related to...
15 Famous CEOs Who Ended Up Behind Bars
Cheapism via AOL· 2 months agoHigh-powered business executives lie, cheat, and steal too, and sometimes they actually go to prison for their crimes — though not always for very long.
21+ Companies (and People) That Dramatically Lost Their Fortunes
Cheapism via AOL· 2 months agoChanging technology, mismanagement, and outright crime have led more than a few people and companies...
How athletes and entertainers like Shohei Ohtani get financially duped by those they trust
LA Times via Yahoo Finance· 2 months agoAthletes and entertainers lose money because they're inattentive, make risky investments and...