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 ...

As prosecutors asked to jail Bernard Madoff for 150 years, a U.S. District Court judge Friday entered a preliminary order calling on the convicted Ponzi schemer to forfeit more than $170 billion in ...

A Luxembourg court ruled against the bank in a long-running lawsuit tied to its custodial role for a fund that invested in ...

CashFx is experiencing some struggles right now paying out their members. CashFx is a ponzi scheme that will eventually crumble. CashFx promotes their ability to trade forex and return up to 15% per ...

Qian Zhimin, a central figure in a massive Ponzi scheme, evaded capture for years using forged identities and laundering bitcoins. Sentenced in 2024 in London, she orchestrated her operations from ...

More recently, another figure dubbed the “Queen of Crypto” emerged in the form of Valeria Fedyakina, a 24-year-old Russian influencer known online as “Bitmama.” In 2023, Fedyakina allegedly used her ...

The court-ordered receiver handling the case against Newnan-based First Liberty Building and Loan has created a website so potential victims can get the very latest information on what the feds are ...

Thai authorities have arrested Liang Ai-Bing for running a huge cryptocurrency Ponzi scheme together with four other suspects.

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