Peter Madoff was sentenced this month to ten years in prison for his role in his brother Bernie’s multi-billion dollar investment fraud, thus wrapping up the biggest Ponzi scheme in history. 

But if you thought it ended with the Madoffs, you would be wrong; Ponzi schemes have far from fallen out of style. Other schemes, on a smaller scale, continue to take place regularly. Here are the five biggest schemes perpetrated this year alone.

1. Stanford Financial Group 

Who: Texas Financier R. Allen Stanford

How Much: $7 billion

Sentence: 110 years 

An international financier from Texas, Stanford was found guilty in March of bilking around 30,000 clients of $7 billion in investments over two decades. 

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