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Jury selection has begun for the pharmaceutical businessman Martin Shkreli. He is defending charges that he stole money from one of his companies to cover…
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A federal court has fined a Connecticut investment company $22 million for running a Ponzi scheme. Sharon-based Wilkinson Financial Opportunity Fund…
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Former NBA player and University of Connecticut star Tate George will have to wait until next month to find out his prison sentence for wire fraud.George…
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The court appointed trustee unwinding the Madoff Ponzi scheme announced more checks will be mailed-out to victims later this year. Those who invested less…
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Six years after Bernard Madoff became a household name, people still fall for Ponzi schemes. That's probably because schemers have a tried and true method…
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Westport National Bank will pay more than $7 million to about 240 investors, who lost millions in Bernie Madoff's massive Ponzi scheme.