A Ponzi scheme is a fraudulent investment system that pays existing investors with funds collected from new investors. Musk ...

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 ...

Social media was abuzz on Friday following concerns about the operations of CBEX, a digital asset trading platform, with several users warning that it shows signs of being a Ponzi scheme. On ...

The effort was said to have been triggered by intelligence received through Interpol’s Red Notice system. Eight individuals ...

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

Bernie Madoff, the founder of a Wall Street investment firm, was arrested in December 2008 for securities fraud. His Ponzi scheme, described by the FBI as 'history's biggest,' defrauded investors of ...

Bacon and Sedgwick's experience with the Madoff scheme has taught them the importance of being vigilant and cautious when it comes to investments. Since the scandal, the couple has adopted a more ...

He faces more than a dozen sex crime charges including attempted bestiality and solicitation of rape of a child.

KUALA LUMPUR, April 12 — Police have arrested eight individuals, including four with the title of Datuk, in connection with ...

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