A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of ...

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 ...

Financial advisor Todd Burkhalter pleaded guilty to running Georgia’s largest Ponzi scheme, defrauding 2,000 investors of $380M. Learn the red flags and how to protect yourself.

The Ministry of Public Security announced on Friday that its "Fox Hunt" working group successfully extradited a major ...

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 ...