Tag Archives: Ponzi Scheme

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Personal Finance Word of the Day: Ponzi Scheme [Video]

Bernie Madoff made this word as famous as it has ever been

The U.S. Securities and Exchange Commission defines a Ponzi scheme as an investment fraud

By Sheiresa Ngo

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Michael Winans Jr. Sentenced To Nearly 14 Years In Prison

Michael Winans Jr. Sentenced To Nearly 14 Years In Ponzi Scheme

Fraud targeted church members as well as friends and family

3rd generation member of the Winans family is sentenced for his role in a $4.7…

By C. Daniel Baker

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