Ponzi Scheme Coverage
Lawyer: Release Bernie Madoff, others during virus outbreak at Butner prison
Infamous con man Bernie Madoff is at high risk of dying from the coronavirus and needs to be released from federal prison in Butner, where a major outbreak of the virus continues to spread, his lawyer said Friday.
Wake Forest investment adviser charged with fraud
A Wake Forest investment adviser has been indicted on federal fraud charges, with authorities saying he bilked investors out of more than $8 million in an elaborate Ponzi scheme.