Bernie Madoff, mastermind of vast Ponzi scheme, dies in federal prison at age 82

Check out what’s clicking on FoxBusiness.com. Bernie Madoff, the notorious architect of the biggest investment fraud in U.S. history, has died at age 82. Madoff was serving a 150-year sentence…

Man accused in $227M Ponzi scheme involving film rights

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. A Los Angeles man was arrested Tuesday on suspicion of running a $227 million Ponzi scheme that…

Small-time actor Zachary Horwitz linked to big-time Ponzi scheme, SEC says

Actor Zachary Horwitz has been arrested in connection with an alleged multimillion-dollar Ponzi scheme. The news was announced by the U.S. Securities and Exchange Commission (SEC) on Tuesday. The SEC…

Ice Cube sues Robinhood trading app: ‘Another get-rich-quick scheme’

Former SEC chairman Harvey Pitt on Robinhood reportedly allowing retail investors to access its IPO, the boom in SPACs, and cracking down on Chinese companies. Ice Cube has filed a…

Ex-Patriots wide receiver Kenbrell Thompkins allegedly involved in $300G unemployment scheme

Former New England Patriots wide receiver Kenbrell Thompkins is facing federal identity theft charges, prosecutors announced Wednesday. Thompkins, 32, of Miami, was charged with access device fraud and aggravated identify…

North Korean National extradited to US for 1st time for fraud scheme

A North Korean citizen has been extradited to the United States — a first with the isolated communist nation —  to face money laundering charges as part of a scheme to evade sanctions…

Former Microsoft, Amazon exec pleads guilty to $5.5M PPP fraud scheme: ‘Please pray’

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. A former Microsoft and Amazon executive on Tuesday pleaded guilty to wire fraud and money laundering charges…

SEC sues California trader for alleged social media fraud scheme

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. WASHINGTON – The U.S. Securities and Exchange Commission said on Monday it has charged a California-based trader for…

Chinese businessman charged in scheme to steal GE trade secrets

Former Trump deputy national security advisor KT McFarland joins ‘The Evening Edit’ The FBI busted a Chinese businessman’s scheme to allegedly steal technology from General Electric for his own startup.…

Justin Haskins: Biden’s student loan giveaways – these families, students will be hurt by this scheme

The United States is facing an unprecedented student debt crisis. There is currently more than $1.6 trillion in outstanding student loan debt, held by more than 45 million borrowers, and outstanding loan…