A Chinese woman dubbed "Cryptoqueen" was jailed in the UK for 11 years after defrauding 128,000 investors in a £5B Bitcoin ...

Both Ponzi and pyramid schemes have been reinvented over the years, but at the core of each is essentially the same devious deceit-paying new investors with money from old investors.

Ponzi schemes pay out early investors with money from later investors. They differ from pyramid schemes in that Ponzi schemes are presented as investments with large returns, rather than business ...

A Chinese woman who was found with 5 billion pounds ($6.6 billion) in Bitcoin after defrauding more than 128,000 people in China in a Ponzi scheme was sentenced by a UK court on Tuesday to over 11 ...

This time, the Guardia Civil, the state security force, stated that it had arrested crypto influencer Álvaro Romillo, also ...

Shark Tank's Mark Cuban openly admitted to operating a Ponzi-style chain letter system during his college years in the 1980s ...

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 ...

Chinese 'Cryptoqueen' Zhimin Qian sentenced to 11+ years in UK for a £5 billion Bitcoin Ponzi scheme, defrauding 128,000 ...

A Chinese woman who was found with 5 billion pounds ($6.6 billion) in Bitcoin after defrauding more than 128,000 people in ...

A Chinese woman who was found with £5bn ($10bn) in Bitcoin after defrauding more than 128,000 people in China in a Ponzi ...

After Chinese officials began investigating her operations, Qian fled to the United Kingdom using a false identity. Once ...