Houston Billionaire Charged with Fraud

As multiple stories about fraudulent investment plans have come to light, the term “Ponzi scheme” has become a common phrase in the American vocabulary over the past year. The term was originally coined based on the deception practiced by an Italian immigrant named Charles Ponzi, who was swindling Americans out of their money around the…

Understanding Prenuptial Agreements in Texas

Different states characterize married couples’ property differently, and Texas is what is known as a “community property” state. This means that, in Texas, a couple’s property upon divorce will be divided into two categories: separate and marital. Separate property goes to each spouse individually and includes property that he or she owned before entering into…