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

Investopedia explains pyramid schemes, how they work, their different forms, and how people can avoid these fraudulent money ...

The couple, LaShonda and Marlon Moore of Frisco, were each convicted of five counts of wire fraud, three money laundering and ...

Attorney General Catherine Hanaway is warning Missouri consumers of investment scams that deceive victims into investing money.

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 ...

An Italian immigrant who arrived in the United States in 1903 with just $2.50 in his pocket, Charles Ponzi ascended from obscurity to dizzying wealth seemingly overnight. But under the surface of his ...

In an interview with podcaster Joe Rogan, billionaire businessman and White House adviser Elon Musk resurrected a term that Social Security critics have sometimes used to describe the program, calling ...

MBABANE — Investigations by FSRA have revealed that Status Capital Building Society was, in fact, operated as a pyramid and ...

a pyramid scheme in the hands of a fraudster. Fans of the old horror movie Poltergeist 2 remember the classic line "They're back" and so it is with the classic Secret Sister scam which returns each ...

Demonstrators gather outside of the Edward A. Garmatz United States District Courthouse in Baltimore, on Friday, March 14, 2025, before a hearing regarding the Department of Government Efficiency's ...

From tossing coins to dicing and card games, gambling has a long history in Nigeria. What began as a form of entertainment has now evolved into fraudulent schemes that usually lead to financial losses ...

Statement: “Social Security is the biggest Ponzi scheme of all time.” In an interview with podcaster Joe Rogan, billionaire and White House adviser Elon Musk resurrected a term that Social Security ...