What is a Ponzi scheme? The fraudulent investment program known as a Ponzi scheme entices investors with the promise of extremely high profits. The Ponzi scheme is named after Charles Ponzi, who ...

The FINANCIAL — An indictment was unsealed yesterday charging a U.S. citizen residing in Canada for orchestrating a multimillion-dollar pyramid scheme under the name 8 Figure Dream Lifestyle LLC (8FDL ...

Forex is not a pyramid scheme. Forex trading is a legitimate global market where currencies are bought and sold based on supply and demand, and it operates through decentralized exchanges, banks, and ...

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 ...

With increased digital opportunities today, it would appear that financial opportunities are endless-not all of them offering real profits. Among the oldest and most deceiving scams are Ponzi and ...

People have strong, often negative, feelings about corporate America. Some think it’s a scam, and others dislike that they've had no choice but to devote much of their lives to it. One woman falls ...

During 1996-97, Albania was convulsed by the dramatic rise and collapse of several huge financial pyramid schemes. This article discusses the crisis and the steps other countries can take to prevent ...