The scheme is named after Charles Ponzi, an Italian con artist who scammed thousands in the 1920s in the U.S. He promised people 50% returns in 45 days and was so convincing that people sold their ...

Elon Musk recently made headlines by asserting in a podcast that Social Security “is the biggest Ponzi scheme of all time.” ...

Several villagers returned to Murshidabad from Malda with the West Bengal police providing protection. This comes after ...

Economic offences in Delhi surged by 34% in 2024, driven by builder fraud, land scams, and Ponzi schemes. Delhi Police attribute the rise to poor verification by investors and misleading claims by ...