The New York State Attorney General's Office has announced the arrest of a local tax preparer accused of stealing $50 million ...

(Photo by Tom Brenner for The Washington Post via Getty Images) In comparison to the social ... The irony is that Ponzi is more a feature of capitalist finance than of social insurance.

A federal judge dismissed Yotta's September lawsuit against the lender for alleged misappropriation of millions. Yotta filed ...

(Getty Images) Musk, the public face of Trump's Department of Government Efficiency (DOGE), did in fact call Social Security ...

(Alfons Moles / Getty Images) There has been a lot of talk over the years about Social Security being a “Ponzi scheme.” I have addressed this issue many times before, so I don’t want to bore ...

From meme stocks to Ponzi payments, the fall of a Coral Springs logistics company reveals a cautionary tale behind ...

A Ponzi scheme is a type of financial fraud in which the "success" of the entity is propped up by paying returns to initial investors from the money invested by subsequent investors. A pyramid ...

During the three-hour Feb. 28 appearance, Musk said, “Social Security is the biggest Ponzi scheme of all time.” Critics of President Donald Trump and Musk, a White House adviser, used Musk ...

Bacon said he uses the frustration in his gym routine. "The machine is right next to a window, and when I look out that window, I’m looking right at the building where Madoff was," he told the ...

Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme. Bacon told Esquire that he and his wife, Kyra Sedgwick, were "certainly angry" over the ordeal. The FBI called ...

During the three-hour Feb. 28 appearance, Musk said, “Social Security is the biggest Ponzi scheme of all time.” Critics of President Donald Trump and Musk, a White House adviser, used Musk’s ...