Depending on your timing, the cryptocurrency – which has all the hallmarks of a Ponzi scheme – could easily be the best or worst investment you have ever made.

— William "520 Percent" Miller of Brooklyn, N.Y., claimed in 1899 he had inside information on stocks and promised interest of 10 percent a week. He defrauded investors out of $1 million. — Charles ...

Bernie Madoff, convicted of leading the largest Ponzi scheme in history, has died in federal prison at age 82. Madoff reportedly died of natural causes, according to a person who spoke with The ...

The SEC reveals how Nigerians were swindled out of ₦316 billion by Ponzi schemes, and names the major players behind the country’s most damaging scams. If you stand in the middle of the every-busy ...

HSBC Holdings (HSBC) (GB:HSBA) is bracing for a financial setback tied to one of the biggest frauds in history. Ahead of its Q3 earnings, the bank revealed that it could take a $1.1 billion loss due ...

Seniors across Georgia are facing financial devastation after losing their life savings in what state officials are calling the largest Ponzi scheme in Georgia history. The scheme, tied to First ...

London (CNN) — A US government fund created to compensate thousands of people scammed by the late Bernie Madoff in history’s biggest Ponzi scheme is making its final batch of payments — and it has now ...

Bernie Madoff, the former investment adviser with powerful connections who was convicted of running one of the largest Ponzi schemes in U.S. history has died in prison. He was 82. The Associated Press ...

(Original Caption) Charles Ponzi, the "financial wizard" of Boston who succeeded in amassing a fortune through his endless chain of sales of Foreign Exchange following the World War, later went to ...

INDIANAPOLIS — From Indiana to Los Angeles, "Hollywood Hustler: Glitz, Glam, Scam" unravels the meteoric rise and catastrophic fall of Zach Horwitz, who orchestrated the largest Ponzi scheme in ...