Lisa Schiff, 54, was, for more than a decade, a darling of the city’s art scene. ... New York art adviser accused of ‘running a Ponzi scheme’ will have her collection auctioned off.

According to a civil complaint, filed with the Supreme Court of the State of New York in May, Schiff’s one-time pals accuse her of “effectively … running a Ponzi scheme, taking funds ...

Maybe Musk should ask if all forms of insurance are a Ponzi scheme. After all, no loss, no payment. Think of it, all those premiums and the house didn’t even burn down.

Unlike a Ponzi scheme, Social Security has “many layers of oversight, regular auditing, regulation, and legal and financial systems in place to ensure accuracy and transparency,” Benson said.

A Ponzi scheme must keep signing up more and more investors to pay off earlier members, but sooner or later, getting large numbers of new investors becomes impossible. In Ponzi’s case, it failed ...

Elon Musk. Statement: “Social Security is the biggest Ponzi scheme of all time.” In an interview with podcaster Joe Rogan, billionaire and White House adviser Elon Musk resurrected a term that ...

Unlike a Ponzi scheme, Social Security is transparent, has multiple layers of oversight and doesn’t promise unrealistic returns. And if there isn’t enough money to pay benefits, mechanisms ...