Ponzi / Pyramid

The officer wrote the report. The report was the fraud.

Former Anne Arundel County officer Jaron Earl Taylor was sentenced July 10 for helping run a ring of police officers who staged car thefts and wrote the police reports that made the claims stick. The badge was the machine.

Latest
Ponzi / Pyramid

The officer wrote the report. The report was the crime.

A New Orleans police officer responded to a theft call in October 2019 and, prosecutors said, turned the call itself into the scheme. Six and a half years later, a federal jury saw the badge for what it had been doing.

Pump & Dump

The retiree read the rating. She did not read the loan ledger.

A North Carolina billionaire treated thousands of retirees' annuities like one big personal checking account. On May 26, 2026, a federal judge handed him 12 years and a $1.6 billion bill. About 30,000 of the people he owed were already dead.

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