NEW YORK (Reuters) – A New York man pleaded guilty on Wednesday to running what federal prosecutors called a $60 million Ponzi scheme involving the fake resale of tickets to premium events such as the Super Bowl, the U.S. Open tennis tournament and the Broadwa... More »
A suburban New York hedge fund manager accused of losing or spending all but about $27,000 of the $21.8 million he told investors he had was criminally charged on Thursday with running a Ponzi scheme. More »
Joseph Meli and his wife, Jessica Meli, exit U.S. Federal Court in Manhattan, New York, U.S., January 27, 2017, after Meli and Steven Simmons were charged with running a criminal Ponzi scheme that swindled investors in a purported ticket-reselling business for... More »
FILE PHOTO – The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, DC, U.S. on June 24, 2011. REUTERS/Jonathan Ernst/File Photo Entertainment featuring Bob Dylan, Paul McCartney, The Rolling Stones and eve... More »
A Connecticut hedge fund manager has pleaded guilty in a case linked to an alleged Ponzi scheme involving the resale of tickets for popular events, including smash Broadway musical “Hamilton.” More »
Joseph Meli and his wife, Jessica Meli, exit U.S. Federal Court in Manhattan, New York, U.S., January 27, 2017, after Meli and Steven Simmons were charged with running a criminal Ponzi scheme that swindled investors in a purported ticket-reselling business for... More »
