Many investors are asking themselves if we are living in an AI bubble; others have gone beyond that and are simply asking ...

The Securities and Exchange Commission of Pakistan (SECP) has proposed a ban on Multi-Level Marketing (MLM) schemes, referral ...

Elon Musk has his chainsaw out and is coming for Social Security, which poses a particularly tough problem because it is the most popular federal program. In addition, there is no cash to divert, it ...

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Wednesday officially declared Multi-Level Marketing (MLM ...

Former Drive Planning executive David Bradford pleaded guilty to federal charges for his role in a $4.1 million Ponzi scheme ...

Indian authorities crack down on a $254 million crypto Ponzi scheme as global crypto scams and fraud surge in 2025.

Elon Musk has suggested making changes to Social Security, including implying it is a Ponzi scheme, which has sparked debate. Social Security is funded by payroll taxes and is designed as a ...

Finance and investment experts have attributed the recurring cases of phony investment schemes to three main issues of financial illiteracy, greed and lack of culture of due process. Against the ...

Nigerian regulators are launching a more forceful and coordinated enforcement regime against unregistered and illegal “phony” investment schemes, otherwise known as Ponzi schemes. The new enforcement ...

Elon Musk has been on a mission to reduce government waste through the Department of Government Efficiency (DOGE). As of April 18, the agency estimates that it has saved $155 billion in total. And ...

Recently, one of my relatives contacted me, and there was desperation in her voice. Immediately, I worried it was about a health issue for her or another relative. Fortunately, it wasn’t, but to her ...