Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme. Bacon told Esquire that he and his wife, Kyra Sedgwick, were "certainly angry" over the ordeal. The FBI called ...

MIAMI (CBS12) — A Miami business owner caused over $40 million in losses across almost five years after being charged with allegedly running an investment Ponzi scheme hidden in his business.

Kevin Bacon made some rare comments about losing money in Bernie Madoff’s Ponzi scheme in the 2000s. Speaking with Esquire, the actor said, "There's not that much to say, really. If it seems too ...

Statement: “Social Security is the biggest Ponzi scheme of all time.” In an interview with podcaster Joe Rogan, billionaire and White House adviser Elon Musk resurrected a term that Social ...

The law stipulates that individuals found guilty of running Ponzi schemes will be liable to a minimum fine of N20 million, a jail term of at least 10 years, or both. A statement from the ...

Weinstein had pleaded guilty to a Ponzi scheme in January 2013 and was sentenced to 22 years. In 2014, he got another two years for his role in a separate fraud involving the initial public ...

Speaking at a charity gala dinner Thursday night in Los Angeles, former second gentleman Doug Emhoff condemned the decision by his law firm to preemptively come to an arrangement with the Trump ...

As Premier Doug Ford gets set to appoint his new cabinet, the Progressive Conservatives’ top priority is dealing with the Trump trade war. Ford, whose executive council will be unveiled ...

Elon Musk has suggested making changes to Social Security, including implying it is a Ponzi scheme, which has sparked debate. Social Security is funded by payroll taxes and is designed as a "pay ...

Douglas Kiker, a contestant on “American Idol” Season 18 who memorably moved series judge Katy Perry to tears with his audition performance, has died. He was 32 years old. Kiker’s sisters ...

As Canada girds for a trade war with U.S. President Donald Trump, Premier Doug Ford has retooled his cabinet to try to make Ontario’s economy more competitive and diverse. “Hope is never a ...

The former contestant's sister shared the news on Facebook. By Hannah Dailey American Idol contestant Doug Kiker has died at age 32. The singer’s sister, Angela Evans, shared the news with a ...