Charles Ponzi

  • R. Allen Stanford sentenced to 110 years in prison

    Somewhere Charles Ponzi may have a smile on his face. Nearly 100 years after the Italian con man became infamous for his scheme to bilk investors by repaying them with the funds from later victims, U.S. District Judge David Hittner came down hard on Ponzi disciple R. Allen Stanford.

  • Full Tilt Poker caught bluffing players out of $440 million

    Who knew Charles Ponzi also was a card shark? The U.S. Justice Department (DOJ) yesterday filed a civil suit accusing professional poker players and owners of online poker website Fill Tilt Poker of bluffing its members out of their money.

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