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 ...

A police mug shot of Italian-born American swindler Charles Ponzi (1882 - 1949) after his arrest for forgery under the name of Charles Bianchi, Montreal, Canada, 1909. Ponzi later served 14 years in ...

A trailer into the story of Charles Ponzi, the infamous scammer. Learn about Ponzi schemes, their impact, and how they earned their infamous name. Just 6 NATO countries publicly back US attacks on ...

Many investors are asking themselves if we are living in an AI bubble; others have gone beyond that and are simply asking themselves, until when? Yet the bubble keeps growing, fueled by that perilous ...

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 ...

Former U.K. Prime Minister Boris Johnson called Bitcoin a "giant Ponzi scheme" in a column, questioning the legitimacy of a system created by a pseudonymous entity. The cryptocurrency community pushed ...

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 ...

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 ...

Every year, thousands of intelligent and otherwise capable people fall victim to some form of exploitation or fraud. The fallout is devastating, both financially and psychologically. Rates of ...

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 ...