Ponzi scheme king Bernie Madoff says he is dying, seeks early release from prison

CNBC

Bernie Madoff, the notorious Ponzi schemer, says that he is dying from kidney disease, and is seeking an early release from prison.

Madoff currently is serving a 150-year prison sentence in a North Carolina federal facility.

He asked President Donald Trump last year to reduce his sentence for swindling thousands of investors out of billions of dollars. read more »

‘Income Store’ Owner Indicted for Alleged $75M Ponzi Scheme

NBC CHICAGO

An Illinois man was indicted on a federal fraud charge for operating what authorities are calling a Ponzi scheme that raised $75 million. read more »

Montana Broker Found Guilty in Multimillion-Dollar Fraud Scheme

DEPARTMENT OF JUSTICE

A federal jury found a Montana man guilty yesterday for his role as a broker for a Swiss company known as Malom Group whose name stood for “Make A Lot Of Money,” AG that was involved in a multimillion-dollar international fraud scheme. read more »