Earl Jones, the Montreal financial consultant suspected of running a Ponzi scheme, is now in police custody and scheduled to appear in court July 28. It will be interesting to see what sentence the Canadian judicial system hands down. There seems to be a general cynicism that Earl Jones faces anything ...

A Montreal financial advisor has disappeared with up to $50 million of his clients’ money. Regulators suspect Earl Jones of Earl Jones Consultant & Administration was running a Ponzi scheme.

The tide went out in 2008 and Bernard Madoff was found to be swimming without a bathing suit. His investment firm collapsed this month, being “basically, a giant Ponzi scheme.” This video on YouTube is quite amusing – it shows Madoff in better times, explaining his investment approach to a ...