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Thousands of investors in India are scrambling to recoup nearly $100 million after they were caught in a Ponzi scheme that ...

Indian authorities have seized nearly $190 million in crypto associated with Bitconnect amid an ongoing investigation into the global Ponzi scheme, which collapsed in 2018. “The Enforcement ...

In a classic Ponzi scheme, early investors are usually paid with funds from more recent investors, perpetuating the fraud until the number wishing to withdraw their ‘profits’ or investment becomes ...

What even is a Ponzi scheme? Here are some different strategies used by scammers to get your money, along with some tips to be safe.

Greed and ignorance continue to fuel the proliferation of Ponzi schemes, leading to financial disasters for many. Despite regulatory measures, fraudulent schemes like the Saradha chit fund and ...

How did the scheme work? The fraudsters essentially operated a cryptocurrency-based Ponzi scheme, where they took money from investors promising high returns that never materialised. Following ...

U.S. President Donald Trump this week falsely blamed Ukraine for starting the war that has cost tens of thousands of ...

The ongoing surge of Ponzi schemes and fraud cases in Florida reveals key lessons about system vulnerabilities and ...

Thousands of investors have lost around ₹870 crore ($100 million) in a Ponzi scheme by Falcon Invoice Discounting. Police ...

and said the digital asset could be a fraud or a Ponzi scheme. Industry observers said the operation was likely a "rug pull"--a scam where developers unveil a crypto token, attract investors ...