A woman whose life changed overnight when she learned her husband was running a multimillion dollar scheme is now sharing her ...

Tyler Bossetti, a Columbus-based social media finance influencer, is facing federal charges accusing him of defrauding ...

Funds from the collapsed CBEX scheme have been traced to at least four countries, with most transactions via foreign-based ...

The agency says the defendants perpetrated a fraud under the guise of a profitable international bond-trading operation.

In a moment of his often-noted honesty, Barstool Sports founder Dave Portnoy called memecoins “legalized Ponzi schemes” told ...

Elon Musk has been on a mission to reduce government waste through the Department of Government Efficiency (DOGE). As of ...

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 ...

The Ondo police command says it has rescued 20 persons held hostage by a Ponzi scheme syndicate in Oba-Ile in Akure north LGA ...

The police also apprehended a suspect, Oyebode Oluwakemi, for job racketeering after she allegedly defrauded her victim of N5 ...

Nigerians have fallen for several Ponzi schemes, including Mavrodial Mondial Movement (MMM), which affected over three million ...

In a bid to prevent more Nigerians from falling prey to Ponzi schemes, the Securities and Exchange Commission (SEC) has ...