Tag: Ponzi scheme

News

DJ Envy’s Business Partner Cesar Pina Breaks Silence (Video)

DJ Envy's former business partner Cesar Pina has broken his silence following his arrest on a single charge of wire fraud
News

DJ Envy: Joe Budden ‘told me it was a Ponzi scheme and I was going to jail’ (Video)

Joe Budden previously warned "Breakfast Club" co-host DJ Envy that his real estate company might be a Ponzi scheme
Lawsuit

Akon reacts to ex-business partner DeVyne Stephens calling ‘Akon City’ a Ponzi scheme

Akon opened up about his ex-business partner calling his futuristic Akon City a "Ponzi scheme"
RIP

RIP: Ponzi Schemer Bernie Madoff Dies in Prison at 82

Bernie Madoff, the investment advisor who conned his clients out of billions of dollars, has died in prison at age 82
News

What Will Happen to Martin Shkreli’s $2M Wu Tang Clan Album Now?

Wall Street wiz kid Martin Shkreli was busted by the feds on Thursday and charged with running a Ponzi scheme and other fraud charges. Shkreli,...
News

BUSTED: Martin Shkreli Arrested by FBI for Securities Fraud

Poor Martin Shkreli. Yesterday he was on top of the world, enjoying his ill-gotten gains from gouging AIDS patients for hundreds of dollars per...