Central banker takes stab at bitcoin 'bubble'

The head of the Bank of International Settlements, the central bank for central banks, on Tuesday lambasted bitcoin as a speculative bubble and said authorities need to be ready to protect public trust in the financial system.

Madoff rip-off shattered trust, changed investment behavior

Notorious financier Bernie Madoff bilked more than 10,000 investors out of billions of dollars in the 1990s and 2000s in the largest financial fraud in U.S. history. But the effect of Madoff's elaborate Ponzi scheme rippled ...

Trio charged with running $54M green-energy Ponzi scheme

Three people were charged Thursday with running a $54 million Ponzi scheme built on promises of a green energy technology that would turn trash into fuel and "carbon-negative" housing developments, neither of which were ever ...

New technology pinpoints anomalies in complex financial data

Identifying atypical information in financial data early could help identify problematic financial trends such as the systemic risk that recently put the U.S. and global financial systems in a downward fall. Recognizing such ...

US curbs on online poker compared to Prohibition

A former US senator who now represents poker players compared US efforts to curb online gambling to Prohibition on Tuesday as he argued for legislation that would allow Internet gaming.

Feds: Full Tilt Poker site was Ponzi scheme

(AP) -- An Internet poker company that was blocked from operating in the U.S. in the spring as part of an online gambling crackdown was "not a legitimate poker company, but a global Ponzi scheme," federal prosecutors said ...

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