Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Former U.K. Prime Minister Boris Johnson called Bitcoin a "giant Ponzi scheme" in a column, questioning the legitimacy of a system created by a pseudonymous entity. The cryptocurrency community pushed ...

As a certified financial planner, I am often faced with questions about new investments that promise high returns with low risk. Examples include so-called ‘exclusive’ high-return funds that promise ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. $50M Ponzi scheme has Boca couple headed to prison. How it worked A Boca Raton couple has pleaded guilty to federal charges in ...

The pitch offered a “truly passive, turnkey investment” that was “ideal for the passive investor.” For $8,500 to $10,000, you could own your own vending machine that dispensed one-gallon jugs of ...

Everything is fine until the scheme runs out of new investors and the whole house of cards comes tumbling down. We still hear about Ponzi schemes, or pyramid schemes, as they are more frequently ...

"[T]he courts are kind of catching up to the amount of damage that these guys do. The sentences are getting longer, which is a good thing," said Jason Kellogg, partner at Levine Kellogg Lehman ...

Federal agents allege Goliath Ventures was a Ponzi scheme that defrauded investors in Central Florida and elsewhere of $328 million. Federal prosecutors are seeking to seize assets of a man accused of ...