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

Three execs of Drive Planning have been charged with defrauding investors and using soliticed funds to fund their lifestyles ...

Nigeria's SEC seeks police support to intensify its clampdown on Ponzi schemes, crypto scams, and other investment fraud to ...

A Charlotte man was sentenced to prison for stealing $6M from friends, family, fellow church members, and veterans in a ponzi ...

Technology bubbles have often concealed major frauds. From the railway boom to the Madoff affair, are there warning signs at ...

Nigeria’s Securities and Exchange Commission (SEC) has issued a public warning against an online investment platform known as ...

A former Ohio investment advisor has pleaded guilty to his role in a long-running Ponzi scheme that allegedly bilked investors out of $72 million. The former advisor, Doug Miller, will cooperate with ...

The Securities and Exchange Commission (SEC) has formally engaged the Nigeria Police Force (NPF) in a coordinated national ...

There are millions of retirees today who rely on Social Security for income. And if you’re a member of the workforce, chances ...

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

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

Former advisor Doug Miller pleaded guilty in a Ponzi scheme related to Northwest Capital, defrauding investors of $72 million.