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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 ...
How athletes and entertainers like Shohei Ohtani get financially duped by those they trust
LA Times via Yahoo Finance· 2 days agoAthletes and entertainers lose money because they're inattentive, make risky investments and...
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...
15 Famous CEOs Who Ended Up Behind Bars
Cheapism via AOL· 1 week 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.
25 Companies and People That Lost Fortunes
Cheapism via AOL· 6 months agoChanging technology, mismanagement, and outright crime have led more than a few people and companies to go from riding high to landing in poverty,...