The U.S. Department of Justice (DOJ) has charged two individuals for their role in OmegaPro, a crypto and investment ponzi ...

Charles Ponzi served prison time for his infamous 1920 Ponzi scheme. Afterward, he launched a Florida land scam, selling ...

Every year, thousands of intelligent and otherwise capable people fall victim to some form of exploitation or fraud. The fallout is devastating, both financially and psychologically. Rates of ...

"Do we really need another story of a scammer?" said Fiona Sturges in the Financial Times. We're "overloaded" with "tawdry ...

"Do we really need another story of a scammer?" said Fiona Sturges in the Financial Times. We're "overloaded" with "tawdry ...

Often, there are no consequences since many investors are embarrassed by being “taken” and prefer to remain silent. Ponzi schemes can be very small involving just a few people or can go on for years ...

Learn about Ponzi Schemes. Find out its definition, how it works, examples, red flags, and protective measures against this ...

Over a period of nine months, Ponzi went on to steal the modern equivalent of $250mn from thousands of investors, leading to his name becoming a byword for dodgy financial schemes. The most famous ...

An Alabama man defrauded an elderly victim of $8.4 million in a Ponzi scheme, then used the money to build a mansion & buy luxury cars & goods, officials said.