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New York fund manager pleads guilty to Ponzi scheme

NEW YORK (Reuters) - A former New York fund manager pleaded guilty on Wednesday to stealing $2.9 million from investors as part of a Ponzi scheme from 2011 to 2012. Full story

Mont. fund to aid victims of Ponzi scheme

Montana is paying more than $240,000 out of an improved state restitution fund that aims to help victims of securities fraud. Full story

CEO of Calif. firm sentenced in Ponzi scheme

The CEO of an California-based mortgage services firm has been sentenced to over three years in prison for running a Ponzi scheme that bilked more than $6.7 million from more than two dozen investors. Full story

Treasurys Just a Ponzi Scheme?

   Scott Minerd, Guggenheim Partners LLC, discusses why he believes the bond market has become a bit like a Ponzi scheme. With CNBC's Rick Santelli.

Ponzi Scheme Involving Facebook

   A Florida man allegedly told investors he had pre-IPO shares of Facebook, and he raised about $8 million in a ponzi scheme, reports CNBC's Scott Cohn.

Bond King Slams Stocks

   Bill Gross, Pimco, explains why a real return rate of 6.6 percent in this market is similar to a ponzi scheme, and reacts to Wharton School Professor of Finance Jeremy Siegel's response on the subject, weighs in.

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Convicted financier Allen Stanford, who faces up to 230 years in prison for his $7 billion Ponzi scheme, arrives at Federal Court in Houston for sentencing
Convicted financier Allen Stanford, who faces up to 230 years in prison for his $7 billion Ponzi scheme, arrives at Federal Court in Houston for sentencing

Convicted financier Allen Stanford, who faces up to 230 years in prison for his $7 billion Ponzi scheme, arrives at Federal Court in Houston for sentencing June 14, 2012. REUTERS/Richard Carson