Kansas City Chiefs tight end Travis Kelce was among 64 victims of a $35 million Ponzi scheme run by Siddharth Jawahar, prosecutors said.
Browsing: Ponzi scheme
HSBC faces a $1.1 billion provision after a Luxembourg court ruling linked to Bernie Madoff’s Ponzi scheme, underscoring the enduring fallout of the massive financial fraud.
Former transportation engineer faces 20 years in prison for wire fraud and money laundering
Ohio man falsely promised to generate lucrative returns but instead used new investors’ money to repay old investors
He also forged documents to show the investors that the funds were performing well