A growing number of teachers say they lost money to a platform that faked students and delayed payments before disappearing ...

Former NFL player John Robert Leake was sentenced to 2.5 years in prison for defrauding $5M from friends in a ...

He noted that due to limited financial literacy, the majority of Ponzi scheme victims are women ... pledged to step up its efforts to prevent pyramid and Ponzi schemes. SEC DG Emomotimi Agama ...

Two Southern California men were arrested Thursday for allegedly spearheading a complex money laundering scheme which took more than $10 million from at least 100 victims, according to the U.S ...

A financial report claims that Sapphire Automotive spent customer deposits on personal expenses after the company was set up to continue doing business once Brad Carlson's operations in Grain ...

A CRIMINAL fraud scheme worth 37 million euros has been broken up by the Spanish National Police. Perhaps as many as four thousand people could be victims ...

Forex is not a pyramid scheme. Forex trading is a legitimate global market where currencies are bought and sold based on supply and demand, and it operates through decentralized exchanges ...

The scheme is structured like a pyramid, with the bottom rung of investors paying to fuel the profits of a few at the top. Court filings leave Leake’s six victims unnamed but describe them as ...