Rathnakishore Giri was sentenced to nine years in prison for orchestrating a sophisticated cryptocurrency Ponzi scheme. He falsely presented himself as an expert in Bitcoin derivatives, promising ...

Coffeezilla and Patrick Bet-David are trending after a public back-and-forth over Goliath Ventures, a company that federal prosecutors recently accused of operating as a Ponzi scheme. The discussion ...

Everything is fine until the scheme runs out of new investors and the whole house of cards comes tumbling down. We still hear about Ponzi schemes, or pyramid schemes, as they are more frequently ...

She explained that the platform had been presented to them as an investment arrangement, similar to a cash-flow scheme. “We were instructed to buy shares and allow our funds to appreciate over a set ...

If you stand in the middle of the every-busy Lagos Island market and scream, “double your money in 10 days,” at least 100 people will turn to look. You can blame the economy, desperation, or our ...