Ponzi schemes usually do not feel dangerous at first. They feel familiar, comfortable, and easy to trust. That is part of how they work. Even though these scams have been around for over a hundred ...

Paul Regan, a US financier, has been charged with orchestrating a Ponzi-style investment fraud scheme that defrauded over 300 ...

We’ve all heard the stories of people becoming multimillionaires through investing in cryptocurrency. When you hear these tales of people who – just a decade ago! – put a little money into a new ...

A previously convicted Ponzi schemer who had received a pardon from President Donald Trump is heading back to prison due to involvement in a new fraudulent scheme. What Happened: Eliyahu Weinstein, a ...

Bitcoin again faces criticism after former UK Prime Minister Boris Johnson labeled cryptocurrencies a “giant Ponzi scheme.” His remarks triggered responses from ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min He faces up to 20 years in ...

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 ...

"[T]he courts are kind of catching up to the amount of damage that these guys do. The sentences are getting longer, which is a good thing," said Jason Kellogg, partner at Levine Kellogg Lehman ...

Nigerian Senate has launched a public hearing to amend the Banks and Other Financial Institutions Act (BOFIA) 2020 while investigating rampant ponzi schemes, spotlighting the Crypto Bridge Exchange ...