House witness Dan Turner defends his characterization of Social Security as a 'Ponzi scheme' after a challenge by Rep. Robert Garcia during an oversight hearing.

‘I invested in a Ponzi scheme’: Nigerians fall victim to crypto scams. Experts say financial illiteracy, lax regulations, greed and economic hardship make people susceptible to scam companies.

A Burlington lawyer arrested in connection with a suspected multimillion-dollar Ponzi scheme is under investigation by the Law Society of Ontario for allegedly misusing her trust fund. While its ...

The Securities and Exchange Commission has expressed fresh concerns over Nigerians’ appetite for investing in Ponzi schemes despite the availability of safer, regulated investment products.

Mandela Fadahunsi, who works at a technical training school in Ikeja in Nigeria’s Lagos, never believed he could fall victim to a Ponzi scheme. On April 6, the 26-year-old was starting his day ...

Fugitive FX Ponzi scheme boss assumed dead may be alive. Anthony Constantinou was sentenced in his absence after he disappeared weeks into his trial in 2023. Author of the article: Bloomberg News.

The fugitive boss of a bogus London FX firm convicted as the mastermind behind a Ponzi-style investment scheme, was thought to have died in Mexico while on the run, but London police aren’t so ...

Syracuse, N.Y. – It won’t get them their money back, but the victims of Burt Marshall’s alleged Ponzi scheme are celebrating his arrest this week on charges the Madison County businessman ...

You don’t hear anyone calling the Big Ten a “Ponzi scheme” every day. It’s definitely an interesting take, if a bit over the top. Sure, facts can be twisted to fit any narrative.

But it did not accuse it of running a Ponzi scheme or of lying about it. Yotta believes that Evolve's actions when migrating another fintech, Mercury, from a direct relationship with ...

A Connecticut man has been sentenced to federal prison and ordered to help pay more than $9 million in restitution in connection with a fraud scheme tied to a failed California-based startup company.

The SEC Says It Was a Ponzi Scheme. Regulators accuse Andrew Jacobus of defrauding about 40 clients, mostly Venezuelan nationals and including elderly individuals and Catholic dioceses. By .