Stanford is serving a 110-year prison sentence after being convicted in 2012 of defrauding about 18,000 investors.

sounds like a social system in which funding the promises made to the ageing requires a continuous inflow of the young. I’m sure that’s different from a Ponzi scheme, but I’m not certain how.

From 2017 to 2019, prosecutors said she ran a $2 million Ponzi scheme, posing as a government contractor and defrauding investors out of millions of dollars, according to the U.S. Attorney's Office.

The jewellery company that owns the Torres brand is accused of cheating investors of crores of rupees through a combination of Ponzi and multi-level marketing (MLM) schemes The scam came to light ...

This is the fifth arrest in this case. Torres jewellery company is accused of defrauding investors of crores of rupees through a combination of Ponzi and multi-level marketing (MLM) schemes.

The Securities and Exchange Commission has vowed to intensify efforts to stamp out Ponzi and pyramid schemes in 2025, while also focusing on developing Nigeria’s commodities market. According to ...

The Securities and Exchange Commission has pledged to intensify efforts to eliminate Ponzi and pyramid schemes, thereby fostering an environment where genuine investment opportunities can thrive ...

Two Ukrainian nationals, including a woman, have been identified as the masterminds of the Ponzi scam that has duped hundreds in Mumbai after promising them big returns on their investment.

under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 in a ponzi scheme case related to Nowhera Shaik and Heera Group of Companies. The ED has been investigating money ...