Who is more likely to return someone else's money -- the rich or the poor?
UPDATE: Are the 1% less honest than everyone else? A major new study answers this question
Breakfast with Benjamin Bernie Madoff is not happy with the way he was portrayed in the ABC miniseries about the Ponzi scheme he ran.
Investing through offshore channels protects investors from legal efforts to clawback gains.
It can't be confirmed, but word has it that the FBI is currently investigating about 500 alleged Ponzi schemes. Few of them will rival the mega-frauds of Bernie Madoff and Allen Stanford, but the cumulative effect is going to be far-reaching. And the proliferation of scams seems so pervasive that ...
This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The information contained here has been obtained from ...
Michael Szafranski was the financial adviser to the scheme's mastermind, Scott Rothstein.
Transparency is essential if you want to keep your clients' trust.
David Kugel, who helped create fake securities trades as part of the $17.5 billion Ponzi scheme, received a lighter sentence after helping the prosecution.
Bernard Madoff's victims are getting an early holiday treat as the trustee unwinding his fraud begins sending out a total of $1.2 billion in recovered funds.