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Civil Servants in Zimbabwe Petition Prime Minister Morgan Tsvangirai Seeking Help in Resolving Long-running Salary Dispute Civil Servants in Zimbabwe Petition Prime Minister Morgan Tsvangirai Seeking Help in Resolving Long-running Salary Dispute
Nippon Steel Corporation Asking Mozambique to Speed Up the Granting of a Coal Mining Concession in the Western Province of Tete Nippon Steel Corporation Asking Mozambique to Speed Up the Granting of a Coal Mining Concession in the Western Province of Tete
Up to Six Million Extra Holidays Each Year Will be Fully Protected Against the Failure of a Travel Company with Measures to Strengthen And Modernize the ATOL Holiday Protection Scheme Up to Six Million Extra Holidays Each Year Will be Fully Protected Against the Failure of a Travel Company with Measures to Strengthen And Modernize the ATOL Holiday Protection Scheme
Rap Artist 50 Cent Visits WFP Programs In Somalia And Kenya Rap Artist 50 Cent Visits WFP Programs In Somalia And Kenya
AllegationsDava Pharmaceuticals Inc. Agrees to Pay $11m to Settle Allegations That It Violated the False Claims Act AllegationsDava Pharmaceuticals Inc. Agrees to Pay $11m to Settle Allegations That It Violated the False Claims Act
Millions of People in South Sudan Will Face Hunger This Year If Urgent Action is Not Taken Millions of People in South Sudan Will Face Hunger This Year If Urgent Action is Not Taken
European Commission Scaling Up Humanitarian Assistance for the Sahel Region of Sub-Saharan Africa European Commission Scaling Up Humanitarian Assistance for the Sahel Region of Sub-Saharan Africa
Arab League Asks for U.N. Help in Sending Its Observer Mission Back to Syria Arab League Asks for U.N. Help in Sending Its Observer Mission Back to Syria
Formalities Complete for Eskom Inquiry Formalities Complete for Eskom Inquiry
Department of Trade And Industry Looking to Run Regular Small Business Census Department of Trade And Industry Looking to Run Regular Small Business Census

You Are Here: Home » Posts tagged with "Ponzi scheme"

Minnesota Man Receives 117 Months in Prison for Running Ponzi Scheme

Minnesota Man Receives 117 Months in Prison for Running Ponzi Scheme

A Rosemount, Minn., man has been sentenced to 117 months in prison for his role in running a Ponzi scheme involving commodity pools. U.S. District Court Judge Donovan W. Frank also ordered Charles “Chuck” E. Hays, 56, to pay $21,825,090 in...
Getting Out of the Hole, Or Digging It Deeper?

Getting Out of the Hole, Or Digging It Deeper?

Yesterday I focused on the proposition that “irrationality knows no bounds.” Today’s news brings evidence that the same can be said about greed. (Resolving the question of whether or not greed is irrational is left as an exercise...
Tell Me Again: WHERE Does That Buck Stop?

Tell Me Again: WHERE Does That Buck Stop?

The story of negligent oversight by the Securities and Exchange Commission (SEC) just gets better and better every day. Here is the latest Reuters dispatch on the matter: Former U.S. Securities and Exchange Commission chairmen and directors were...
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