[WILMINGTON, Delaware] An independent management team resigned from the Woodbridge Group of Companies on Friday after the US Securities and Exchange Commission sought a court-appointed trustee to run...

[PORTLAND] BitConnect isn't letting this week's closure of its cryptocurrency exchange and lending operations deter it from attempting to raise funds though another digital token offering...

[BEIJING] China's latest crackdown on pyramid schemes was prompted by three shocking deaths: one young man who was beaten, another who was found dead in a pond, a third left to die on a road...

[BEIJING] Two senior executives of a collapsed peer-to-peer lender were sentenced to life in prison and 24 others punished over what has been called China's biggest-ever Ponzi scheme, state...

[NEW YORK] The trustee recouping money for Bernard Madoff's victims on Tuesday announced nearly US$371 million of new settlements with two groups of offshore funds that invested with the...

THE first message to pop up on the computer screen let the victims know they had been hacked. The second message gave them a way out.