Coweta County District Attorney Herb Cranford confirmed Thursday that his office has received a criminal referral from the Georgia Secretary of State’s Offi ...

Last June, the Supreme Court of British Columbia ruled that investors who received returns from an alleged $300-million Ponzi ...

Todd Burkhalter pleaded guilty to orchestrating a $380 million scam, likely the largest Ponzi scheme in Georgia history. Prosecutors recommended a 17.5-year prison sentence for the CEO after he ...

Todd Burkhalter promised big returns. His victims didn’t realize they were too good to be true.

After orchestrating a cryptocurrency Ponzi scheme that generated more than $577 million in sales and targeted hundreds of thousands of people around the world, two men from Estonia were sentenced ...

One of those is Ramil Ventura Palafox, who today was sentenced to a full 20 years in federal prison by a Virginia court for ...

Seven months after the collapse of an alleged $140 million Ponzi scheme that touched the top ranks of Republican politics in Georgia and Alabama, some investors are impatient to get their money back.

Dan Raby, the senior digital producer for CBS News Atlanta, has been covering everything happening around Georgia for more than a decade. The founder of a Georgia-based financial advisory group ...

Atlanta — A financial adviser in Georgia pleaded guilty Wednesday to wire fraud in a Ponzi scheme that bilked more than 2,000 people out of $380 million, federal authorities announced. Prosecutors ...

Todd Burkhalter, founder and CEO of Drive Planning LLC, pleaded guilty to wire fraud Wednesday after admitting he orchestrated a sprawling $380 million Ponzi scheme that defrauded 2,000 investors.

Research from Nadcab Labs’ 2026 analysis exposes fraud patterns in multi-level marketing crypto schemes, including Ponzi structures ...