Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

Todd Burkhalter of Drive Planning defrauded over 2,000 investors through fake real estate opportunities, buying luxury items ...

Russian organizers of financial pyramid schemes are now often pretending to be brokers offering victims to earn money on ...

Scammers want you to believe they're offering you a legitimate money-making opportunity. Seniors are seen as prime targets due to the potential that they have money saved for retirement. If an ...

A police mug shot of Italian-born American swindler Charles Ponzi (1882 - 1949) after his arrest for forgery under the name of Charles Bianchi, Montreal, Canada, 1909. Ponzi later served 14 years in ...

Given the name of the play, we know from the jump that Jack’s the Bernie Madoff of the piece. A Ponzi scheme is an investment ruse that pays dividends not from legit earnings but out of the ...

Nigeria's SEC seeks police support to intensify its clampdown on Ponzi schemes, crypto scams, and other investment fraud to ...

The pitch offered a “truly passive, turnkey investment” that was “ideal for the passive investor.” For $8,500 to $10,000, you could own your own vending machine that dispensed one-gallon jugs of ...

Osaic is seeking to block arbitration claims filed by investors, who allege that the independent broker/dealer failed to oversee a registered representative who was charged by the SEC and a New York ...