Republican Senator Tommy Tuberville calls Social Security a ‘Ponzi scheme.’ His remarks are sparking backlash

The Republican senator from Alabama shared some controversial ideas about reforming the Social Security program. Democrats didn’t delay in responding ...

Film producer accused of defrauding clients out of over $100 million, running Ponzi scheme

A federal grand jury in Chicago has indicted a film producer on charges that he defrauded clients out of more than $100 ...
Forbes

Crypto Ponzi Scheme Convictions: Key Red Flags Investors Must Know

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 ...
Accounting Today

Recession may reveal wave of Ponzi schemes

"Ponzi schemes don't collapse when the markets are booming. They collapse when the music stops," warned Jeffrey Schneider, managing partner at law firm Levine Kellogg Lehman Schneider + Grossman, ...
Chicago Tribune

Column: Charles Ponzi’s fascinating twist on the American Dream — as played by Sebastian Maniscalco

More than 100 years ago, the name Charles Ponzi was splashed on newspaper front pages across the land and poured from radio broadcasts, putting the phrase “Ponzi Scheme” firmly into the arsenal of ...
Forbes

The ‘Ponzi Scheme’ Is Collapsing—Bitcoin Suddenly Braced For A Massive Price Crash

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Bitcoin prices have sharply fallen to $60,000, prompting warnings of a potential cascade to ...

Lee's Summit man accused of taking millions in Ponzi scheme, spending on sports betting

The 29-year-old allegedly convinced victims to give him money to invest in what they thought were real estate developers ...