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

A judge in Mumbai has summoned Raj Kundra, an Indian investor and entrepreneur, to appear in court after linking the ...

Kundra, ED alleged, received 285 Bitcoins from the mastermind and promoter of Gain Bitcoin Ponzi scam Amit Bhardwaj for setting up a Bitcoin mining farm in Ukraine.

They come with different names but their configuration remains the same, and every time Nigerians fall for them, losing millions of naira in the process. In this piece, OLUWAKEMI ABIMBOLA explores ...

A Stuart man was ordered Feb. 4 to pay more than $1.1 million for being the "master trader" of a fraudulent $100 million cryptocurrency Ponzi scheme, court records show. Joshua Nicholas, 30, was ...

A former Charlotte businessman has been sentenced to six years in prison for running a years-long Ponzi scheme that bilked ...