Over 500 investors who made money with Victoria, B.C., Ponzi schemer Greg Martel are facing a newly announced court action seeking to claw back combined profits in the tens of millions of dollars.

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Former three-time world titlist Greg Haugen has died of cancer at the age of 64. Haugen won the IBF lightweight belt in 1986, four years after turning pro, with a majority decision over Jimmy Paul.

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While 480 people did come out ahead and make money in the Ponzi scheme by Greg Martel, PricewaterhouseCoopers says 1,229 people lost more than $149 million. In its latest update, PwC detailed the ...