About
About The Ponzi Report
An independent database of Ponzi and investment-fraud cases, built to help people recognize schemes while they're still running.
What's in the database
Cases that have been charged or otherwise brought to a close by regulators, prosecutors or courts — not ongoing or suspected schemes. Most were found through continuous monitoring of news and enforcement announcements. It is not a complete record of every Ponzi scheme.
Where the information comes from
Each case links to its primary source — usually an SEC, CFTC or Department of Justice release, or a news report. Industry, recruitment method and pitch phrases are summarized from those sources and from related public reporting. Amounts are as reported at the time and may differ from final figures.
Allegations
Many entries describe charges or civil complaints. Charges are allegations; defendants are presumed innocent unless and until proven guilty. Check the linked source for the current status of any case.
Corrections
If something here is wrong or out of date, please let us know through the contact form.
Independence
The Ponzi Report is not affiliated with the SEC, CFTC, DOJ, FBI, FINRA or any government agency, and nothing on this site is legal or investment advice.