Either because they were incompetent or untrustworthy, Farwin appears to have been running a Ponzi scheme.
John F. Thomas III manages six funds that are now being put under the microscope by the U.S. SEC, according to reports.
Afghanistan’s top poker tournament player and WSOPE bracelet winner, Shekhan Farnood, has died in a prison in Kabul, Afghanistan.
Bill Jordanou and a co-conspirator pleaded guilty to the fraud which saw them siphon off around AUD72 million.
Bitcoin mining startups is in hot water over claims that his companies defrauded investors out of $20M in a Ponzi scheme.
Nevin Shapiro is reportedly coming out with new allegations against UM coaches who allegedly gave information on UM football games for gambling purposes
Daniel Negreanu walked away with its Main Event title, Ray Bitar’s plea deal with the US Attorney for the Southern District of New York,
Poker gaming industry news: Becky Liggero asks the gaming industry professionals regarding the ultimate fate of Full Tilt Poker. Hear them.
Jason Kirk gives us a history about the Ponzi Scheme and why it's an inaccurate assessment of Full Tilt Poker's operation.
We polled our viewers and asked them “Was Full Tilt Poker a Ponzi Scheme?” Here are the results.