Man sent to prison for Internet-based Ponzi scheme

(AP) — An Internet poker company founder who surrendered last week to face charges he operated his business like a Ponzi scheme was released on bail Monday.

Is there a bit of Bernie in you? Mobile phone users worldwide will soon be able to play Ponzi scheme scammers in a new videogame based on the financial ruin wreaked by jailed US fraudster Bernard Madoff.

An Estonian national was sentenced Wednesday to seven years in prison for hacking schemes involving the theft or sale of more than 240,000 credit card numbers, officials said.

(AP) -- Defunct online gambling site BetOnSports.com has been sentenced to probation and a $28.2 million fine that lawyers on both sides say probably will never be paid.

(AP) -- Two men who hacked into Comcast Corp.'s website have been sentenced to 18 months in prison.

Imagine the shock, the horror, and the sheer panic that would come with learning that the financial plan you’d sunk your life savings into was a sham, the financial experts you trusted were crooks, and all your money was ...

(AP)—Federal Reserve Chairman Ben Bernanke says pessimists who are forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.

Yahoo Japan Corp. has said it suspects up to 22 million user IDs may have been stolen during an unauthorised attempt to access the administrative system of its Yahoo! Japan portal.

US authorities seized the accounts of a Bitcoin digital currency exchange operator, claiming it was functioning as an "unlicensed money service business," court documents showed Friday.

(AP)—Over the past two years, publishers have been steadily filling one of the largest gaps in the e-book catalogue—poetry.

Italian police on Friday arrested four alleged hackers believed to belong to the activist group Anonymous for attacking websites, including those of the Vatican and the parliament in Rome.

Tweets containing hateful words are coming in larger proportions from people living in the eastern half of the United States, according to a new map that tracked hate speech on Twitter.