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

Every year, thousands of intelligent and otherwise capable people fall victim to some form of exploitation or fraud. The fallout is devastating, both financially and psychologically. Rates of ...

\IN A world where investment opportunities flood inboxes and social media feeds, the allure of high returns with seemingly low risk can be intoxicating. However, these enticing offers can often mask ...

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 ...

When a Ponzi scheme collapses, how does a bankruptcy trustee with limited resources and hundreds of innocent investors — some winners, some losers — address all the competing issues in an equitable ...

Technology bubbles have often concealed major frauds. From the railway boom to the Madoff affair, are there warning signs at ...

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