A Las Vegas financial advisor, Edwin Fujinaga, and two of his associates were indicted July 8, 2015, by a federal grand jury for allegedly running a $1.5 billion Ponzi scheme.
If convicted, this would be another example of a scam popularized by con man Charles Ponzi in the 1920s. In fact, Ponzi schemes remain so widespread that a new case was discovered every five days in 2014 on average, according to Ponzitracker, amounting to $1.5 billion in potential losses for victims.
Now, there's another alleged Ponzi scheme example that's become one of the biggest national news of its type since Bernie Madoff.
Here's a look at some of the most infamous alleged schemes.
—By CNBC's Zack Guzman
Posted 18 December 2015
(This slideshow has been updated from a previous version.)