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 ...

A Newnan man admitted in federal court Tuesday to orchestrating a $140 million Ponzi scheme that defrauded hundreds of investors over four years.

The Securities and Exchange Commission (SEC) has revealed that Nigerians lost an estimated N300.2 billion to fraudulent investment schemes in recent years, prompting the Commission to intensify its ...

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 ...

If there is any upside to the market meltdown of the past seven months, it might be that so many fraudsters operating Ponzi schemes have been dragged into the light. There seems to be a new Ponzi ...

Most of us have probably heard of Ponzi schemes or pyramid schemes. If you are familiar with these terms, you are likely thinking, like most people, that they would be easy to spot, thanks to the ...

Todd Burkhalter, founder and CEO of Drive Planning LLC, pleaded guilty to wire fraud Wednesday after admitting he orchestrated a sprawling $380 million Ponzi scheme that defrauded 2,000 investors.

The Orlando cryptocurrency firm at the center of the massive Ponzi scheme allegedly run by Christopher Delgado filed for bankruptcy last week, showing the potential for at least 1,500 victims and up ...

A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. Ponzi scheme organizers often promise to invest money and generate high returns with little ...

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, fuelled by that perilous ...

Tom Geyer is an attorney for Columbus-based Bailey Cavalieri, an adjunct professor at Ohio State University’s Moritz College of Law, an expert witness on securities law and past commissioner of the ...