A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of ...

Given the name of the play, we know from the jump that Jack’s the Bernie Madoff of the piece. A Ponzi scheme is an investment ruse that pays dividends not from legit earnings but out of the ...

The SEC reveals how Nigerians were swindled out of ₦316 billion by Ponzi schemes, and names the major players behind the country’s most damaging scams. If you stand in the middle of the every-busy ...

The Securities and Exchange Commission (SEC) has sounded the alarm on 79 suspected Ponzi and fraudulent investment schemes The SEC confirmed that it had launched investigations into the flagged ...

Nigeria’s Securities and Exchange Commission has revealed that Nigerians have lost more than $218 million (approximately N316 billion) to Ponzi schemes and illegal fund managers over the past few ...