Both Ponzi and pyramid schemes have been reinvented over the years, but at the core of each is essentially the same devious deceit-paying new investors with money from old investors.

Shark Tank's Mark Cuban openly admitted to operating a Ponzi-style chain letter system during his college years in the 1980s ...

Accelerating biodiversity loss, climate change and over-consumption are swiftly pushing human societies toward a "ghastly future" of growing hunger, political division and societal breakdown, leading ...

With about N316 billion estimated to have been lost by undiscerning investors to Ponzi schemes and illegal investments, the ...

Mark Cuban shared that he ran a Ponzi scheme in the 1980s to pay for his junior year of college. He operated a chain letter ...

Economist Peter Schiff mocked President Donald Trump’s focus on making the U.S. a global leader in cryptocurrency on Monday, ...

According to the SEC, Nigerians have lost ₦316 billion to Ponzi schemes. This article highlights the biggest culprits, how these scams operated, and key lessons to avoid falling victim as investment ...

Judging by the sheer volume of Ponzi scams that surface and collapse, it’s a wonder anyone still falls for them.

Walterman Beling’s elaborate scam defrauded hundreds, moving millions through businesses, casinos, and fake investments over years.

HSBC' s quarterly profits have taken a hit due to significant legal provisions linked to the notorious Madoff investment fraud. What does this mean for the bank' s future and its investors?

A HSBC bank logo is seen outside a branch of the bank in central London on February 21, 2017. (Photo by Niklas HALLE'N / AFP) LONDON, United Kingdom –  HSBC Bank on Monday revealed a ...