8 of the most notorious Ponzi schemes in US history
CNN
Whether on a smaller scale, or superlatively large like financier Bernie Madoff's, Ponzi schemes are unnervingly and increasingly common. Here's a look at eight of the most notorious Ponzi schemes in US history.
But in this particular case, his name isn't Bernie Madoff. It's Ian Bick. By 2013, Bick was an 18-year-old event promoter with multiple businesses in Danbury, Connecticut. On the outside, they seemed to be the successful ventures of an entrepreneurial prodigy. But behind the scenes, "it was a free-for-all s**tshow," Bick says in "Generation Hustle," HBO Max's new anthology series about the young, ambitious and fraudulent.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
This Fourth of July, millions of Americans will be hitting the road, feasting on barbecue fixings, while watching firework displays. Here’s how much it will all cost.
President Donald Trump has promised that the “big, beautiful bill” passed by the Senate and being considered by the House of Representatives will be one of the most successful pieces of legislation in American history.
Electric cars account for a tiny proportion of vehicle sales in Saudi Arabia. But the oil-rich kingdom wants to change that by rolling out manufacturing plants and charging facilities.
The administration of US President Donald Trump has lifted restrictions on exports of chip design software to China, as Washington and Beijing work to dial down hostilities as part of a recent trade agreement.
An intense public feud erupted on Thursday between President Donald Trump and his one-time ally, billionaire Elon Musk, with an argument about Trump’s massive tax and domestic policy bill raging across social media and in the Oval Office.
President Donald Trump said Wednesday he has made a trade deal with Vietnam.
Travis Tanner says he first began using ChatGPT less than a year ago for support in his job as an auto mechanic and to communicate with Spanish-speaking coworkers. But these days, he and the artificial intelligence chatbot — which he now refers to as “Lumina” — have very different kinds of conversations, discussing religion, spirituality and the foundation of the universe.
Chuck E. Cheese isn’t just for the kids anymore.
Del Monte Foods, the 138-year-old company best known for its canned fruits and vegetables, has filed for bankruptcy and is looking for a buyer.
US President Donald Trump cast doubt on reaching a trade deal with Japan, a day after threatening higher tariffs on Japanese exports to the United States, claiming the country won’t buy American rice.
Elon Musk’s plan to revive Tesla is blowing up faster than a SpaceX rocket.
CBS News parent Paramount Global has agreed to pay $16 million to resolve a legally dubious lawsuit filed by President Donald Trump over a “60 Minutes” news report last fall.
An immigration judge in Georgia has ordered the release of the Spanish-language journalist and live-streamer Mario Guevara on bail while his immigration process continues, a relative of Guevara confirmed to CNN.