A Boston couple and their son have pleaded guilty to operating what prosecutors call a Ponzi scheme that fleeced dozens of friends and neighbors out of more than $10 million.
Several investors who say a West Roxbury man stole millions from them in an alleged Ponzi scheme were in federal court Tuesday seeking the return of about $14 million.
A Boston couple has been charged in connection with what prosecutors are calling a multimillion dollar Ponzi scheme in which they used investors’ money to fund a lavish lifestyle.
In an interview with 60 Minutes, the wife of disgraced financier Bernie Madoff explains that she and her husband tried to kill themselves as the Ponzi scheme came to light.
Wealth building schemes aren’t just about Ponzi schemes.
A day after Boston philanthropist Carl Shapiro and his family agreed to return more than half-a-billion dollars in profits, efforts to recover millions more in the Bernie Madoff Ponzi scheme are heating up and going international.