Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

Quick Read Both Cramer and Musk have called Social Security a Ponzi scheme. The program is perfectly legitimate, though it’s ...

The scheme, tied to First Liberty Building and Loan, is now under investigation by the Georgia Secretary of State's office, which says more than $140 million vanished in the fraud. For Phillip and ...

President Donald Trump has commuted the seven-year sentence of former GPB Capital Holdings CEO David Gentile, with a White House official on Sunday countering the claims at trial brought by the Biden ...

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Social Security has long been a subject ...

Investopedia explains pyramid schemes, how they work, their different forms, and how people can avoid these fraudulent money ...

In federal court on Monday, the receiver put in place to handle assets of Newnan-based First Liberty Building & Loan argued it should be allowed to recover money from its borrowers to try to pay back ...

Long Island investor Nicholas Cosmo, charged in a $370 million Ponzi scheme, hired convicted criminals as brokers, blew millions of dollars in bad commodities trades and spent his victims' money on ...

The biggest white-collar cases in Texas in 2025 were dominated by healthcare fraud prosecutions, many of them stemming from ...

HELENA, Mont. — An Idaho man, Shawn Cutting, is facing multiple charges for allegedly defrauding elderly investors through a Ponzi scheme. According to the Commissioner of Securities and Insurance ...