If he’s a good Ponzi schemer, then he has either taken the investors’ money and given it to someone else, other investors, or he’s spent it,” said Jason Kellogg, partner at Levine Kellogg Lehman ...

Bernie Madoff’s $68b Ponzi drove JPMC to the edge of a criminal indictment. So why did it keep working with Jeffrey Epstein?

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.

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 ...

The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of ...

President Donald Trump has commuted the seven-year sentence of former GPB Capital Holdings CEO David Gentile, with a White ...

A Ponzi Scheme — everyone has heard of the term thanks to Bernie Madoff and other fraudsters, but do you really know what it means? Where the idea came from? How did it operate? Who was the man who’s ...

A southern Utah man was sentenced this month to more than eight years in federal prison for defrauding investors of more than $23 million over the last eight years.

Everything is fine until the scheme runs out of new investors and the whole house of cards comes tumbling down. We still hear about Ponzi schemes, or pyramid schemes, as they are more frequently ...

A New Jersey scam artist whose federal prison sentence was commuted by President Donald Trump in 2021 is headed back to jail for running a new Ponzi scheme after he was freed. Eliyahi Weinstein, 51, ...

The Senate on Wednesday mandated its relevant committees to investigate rising cases of Ponzi schemes in the country. The resolution of the red chamber followed its consideration and adoption of a ...