A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of ...

Ponzi and pyramid schemes depend on new money and recruitment to survive. These schemes promise returns from new participants, not real economic activity. Bitcoin does not require recruitment or ...

Scammers want you to believe they're offering you a legitimate money-making opportunity. Seniors are seen as prime targets due to the potential that they have money saved for retirement. If an ...

What Is a Ponzi Scheme? Ponzi schemes typically lure in investors by promising high returns with little to no risk. Because initial investors often see high returns at first, early Ponzi schemes often ...

Australian money manager John Hempton has called the battle between investor Bill Ackman and nutritional-supplement company Herbalife “hedge-fund porn.” There is indeed something vaguely obscene about ...

Being able to sit in your PJs all day while you work from home with a schedule you set for yourself sounds great, right? Today, there are more and more opportunities to work for a multi-level ...

A federal jury has found a Prosper couple guilty of orchestrating a pyramid scheme that defrauded more than 10,000 people out of $25 million during the COVID-19 pandemic, according to NBCDFW. Marlon ...