A Charlotte man has been sentenced to prison for orchestrating a Ponzi scheme, defrauding dozens of people across the country ...

A crypto team generated $4M in 48 hours with ponzi games after 4 years of failed products, predicting 2026 as the Year of ...

Wynn A.D. Charlebois, 55, was handed a six-year sentence and ordered to pay more than $5.7 million in restitution.

The Nigeria Police have re-arrested and detained Peace Ikpo, an Abuja-based resident and former employee of Skybet, also ...

An Ashe County businessman arrested last month by the FBI was operating a Ponzi scheme that defrauded investors of more than $35 million, according to court documents. Keith Franklin Simmons, the ...

The U.S. Securities and Exchange Commission has charged Gerardo “Gerry” Linarducci for his alleged role in a $300 million ...

Thousands of Australians may lose more than $1 billion in superannuation savings as lawyers investigate allegations that two major super funds operated as Ponzi schemes. This revelation has raised ...

Finance and investment experts have attributed the recurring cases of phony investment schemes to three main issues of financial illiteracy, greed and lack of culture of due process. Against the ...

Over the past decade, numerous fraudulent schemes in Nigeria have swindled billions of naira from unsuspecting investors through elaborate pyramid structures. These schemes lure participants with ...