Rathnakishore Giri was sentenced to nine years in prison for orchestrating a sophisticated cryptocurrency Ponzi scheme. He falsely presented himself as an expert in Bitcoin derivatives, promising ...

National Reading Culture has now joined the long and embarrassing list of failed Ponzi schemes that have drained billions of naira from unsuspecting Nigerians.There is a saying that if something ...

Ponzi schemes have swindled millions throughout history, and some of the largest were truly shocking. This video explores the biggest scams ever, showing how fraudsters deceived investors and ...

CID warns the public against investing in illegal ponzi schemes like Shivam Associates to protect their financial interests.

A Norristown man is accused of operating a Ponzi scheme to bilk investors of more than $3.8 million by using a ruse that the ...

The Crime Investigation Department (CID) has officially unmasked a massive financial fraud orchestrated by Shivananda Neelannavar, revealing a sophisticated Ponzi scheme that has left thousands of ...

A Florida man was arrested on federal charges related to an alleged cryptocurrency “Ponzi scheme” that defrauded investors of at least $328 million. The U.S. Attorney’s Office for the Middle District ...

From the earliest days of commerce to the modern digital economy, the promise of quick wealth has remained one of humanity’s most enduring temptations. Long before the rise of the internet and ...

The Madison County tax preparer and insurance agent who operated a $50 million Ponzi scheme has been sentenced to four to 12 ...

Daniel Pugh used Facebook ads to promise investors wholly unrealistic returns ...

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. Todd Burkhalter, the CEO of the Georgia-based financial advisory group Drive ...