The Securities and Exchange Commission has sought the support of the Nigeria Police Force to intensify the clampdown on cryptocurrency fraudsters, Ponzi scheme operators and other investment scammers ...

Ponzi schemes usually do not feel dangerous at first. They feel familiar, comfortable, and easy to trust. That is part of how they work. Even though these scams have been around for over a hundred ...

The CEO of a financial advisory empire accused of masterminding Georgia’s largest Ponzi scheme to fund a life of opulent extravagance has pleaded guilty to "shamelessly" bilking investors out of a ...

Gerry Linarducci of Indianapolis, who is already facing legal problems related to his role as former managing director of now-defunct Drive Planning LLC, is now facing civil fraud charges from the U.S ...

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. Todd Burkhalter, the CEO of the Georgia-based financial advisory group Drive ...

Investors sued JPMorgan, claiming the bank ignored red flags and enabled a $328M Goliath Ventures crypto Ponzi scheme that allegedly impacted more than 2,000 victims.

MANILA, Philippines — The Securities and Exchange Commission (SEC) has revoked the incorporation of Dual Fuel Petroleum Corp.