It's a question that echoes through conversations among frustrated Australians, especially younger generations who find ...

But what is a Ponzi scheme? And why does it bear this name? First, you need to know a little bit about its namesake, Charles Ponzi. Anyone can work a simple swindle, but you have ...

The term originated with Charles Ponzi, a Boston swindler who conned investors out of millions in 1920 by promising returns of up to 100% in 90 days on investments in foreign postal coupons.

To further reduce public confidence in the system, Musk has tried to diminish service quality through staff reductions and ...

Robert Kiyosaki is a well-known personal finance guru, famous for being the author of “Rich Dad Poor Dad.” In a recent blog post, Kiyosaki discussed the dangers of Ponzi schemes and how to protect ...

Recently, one of our national dailies reported with a bold headline: "EFCC Exposes 58 Ponzi Scheme Operators in Nigeria." ...

(WJAR) — Charles Ponzi would have turned 144 years old this week. Bentley University professor and creator of scamicide.com Steve Weisman says, even now – several decades after his death ...

A Ponzi scheme "is a fraud intended to mislead investors," said Christina C. Benson, an Elon University associate professor ...

In 1920, Charles Ponzi's "get-rich-quick" scheme started out small and legal. He promised investors a doubling of their investments in 90 days, and fulfilled that promise by buying International ...