Most of us have probably heard of Ponzi schemes or pyramid schemes. If you are familiar with these terms, you are likely ...

THE MAN ACCUSED OF LEADING A PONZI SCHEME IN ORLANDO WAS BACK IN FEDERAL COURT TODAY. INVESTIGATORS WANTED CHRISTOPHER DELGADO TO TURN OVER JEWELRY AND LUXURY CARS LIKE THE ROLLS ROYCE YOU SAW IN ...

Investment adviser facing jail over Ponzi scheme swindling clients including Catholic priests group out of $94M - Andrew ...

From the earliest days of commerce to the modern digital economy, the promise of quick wealth has remained one of humanity’s most enduring temptations. Long before the rise of the internet and ...

She is accused of taking payments for discounted rents or to reserve apartments.

The FBI has identified at least 213 victims of William Apostelos’ alleged Ponzi scheme. About a dozen of those people already have won non-contested judgments from common pleas courts in Warren and ...

JPMorgan Chase has been sued by investors in Goliath Ventures, with a proposed class action lawsuit alleging the bank ignored “red flags” that the allegedly fraudulent crypto pool raised and helped ...

Everything is fine until the scheme runs out of new investors and the whole house of cards comes tumbling down. We still hear about Ponzi schemes, or pyramid schemes, as they are more frequently ...

As readers of this Blog know, affinity fraud and Ponzi schemes often intersect because each reinforces the weaknesses of the other, creating a powerful and deceptive form of financial exploitation.[1] ...

Former U.K. Prime Minister Boris Johnson has called bitcoin BTC $78,762.33 a “giant Ponzi scheme,” prompting a swift rebuttal from Strategy chairman Michael Saylor and other netizens. According to ...

Federal agents allege Goliath Ventures was a Ponzi scheme that defrauded investors in Central Florida and elsewhere of $328 million. Federal prosecutors are seeking to seize assets of a man accused of ...

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. Todd Burkhalter, the CEO of the Georgia-based financial advisory group Drive ...