Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

SAO PAULO (AP) — Brazilian police launched Thursday a police operation to dismantle a major tax evasion and money-laundering scheme in the fuel sector. The group under investigation is the country’s ...

Oscar Marcel Nunez-Flores, 34, of North Plainfield, pleaded guilty in Newark federal court on Thursday to conspiring to ...

WESTPORT, CT (WFSB) - A Connecticut man was sentenced for an 8-year-long scheme that involved bribing Brazilian government officials and laundering money, according to the U.S. Department of Justice.

Getting your Trinity Audio player ready... A Colorado man was sentenced to 15 months in prison for laundering more than $200,000 in COVID-19 relief funds during the pandemic’s peak, federal officials ...

Four California residents have been sentenced to prison for their involvement in a major hospice fraud and money laundering scheme that caused Medicare to lose nearly $16 million. The group created ...

Ex-TD Bank employee Wilfredo Aquino, who admitted guilt to a role in a money-laundering scheme, is to be sentenced May 12.

Four Long Islanders have been accused in a yearslong bribery and money laundering scheme that included cash handoffs to a Delta Air Lines employee at Kennedy Airport, according to multiple indictments ...

FILE - Finance Minister nominee Fernando Haddad attends a press conference in Brasilia, Brazil, Dec. 9 2022. (AP Photo/Ton Molina, File) (Ton Molina, Copyright 2022 ...

Darnell Hairston, 60, was found during a Flagler County traffic stop this week, revealing a missing 11-year-old boy in his pickup truck. ‘Our neighborhood child pedophile:’ 911 call released in ...