Financial advisor Todd Burkhalter pleaded guilty to running Georgia’s largest Ponzi scheme, defrauding 2,000 investors of $380M. Learn the red flags and how to protect yourself.

In July 2025, the U.S. Securities and Exchange Commission filed a complaint alleging the company defrauded its investors from ...

The U.S. Securities and Exchange Commission (SEC) is accusing a California entrepreneur and his companies of executing a multi-million dollar Ponzi scheme.

Todd Burkhalter pleaded guilty to orchestrating a $380 million scam, likely the largest Ponzi scheme in Georgia history. Prosecutors recommended a 17.5-year prison sentence for the CEO after he ...

What Is a Ponzi Scheme? Ponzi schemes typically lure in investors by promising high returns with little to no risk. Because initial investors often see high returns at first, early Ponzi schemes often ...

A pair of flashy e-commerce entrepreneurs who bought bankrupt retailers like Pier 1 Imports, RadioShack, and Modell’s Sporting Goods were accused by the feds this week of running a Ponzi scheme — and ...