LONDON (AP) — A Chinese woman who was found with 5 billion pounds ($6.6 billion) in Bitcoin after defrauding more than ...

Both Ponzi and pyramid schemes have been reinvented over the years, but at the core of each is essentially the same devious deceit-paying new investors with money from old investors.

A Chinese woman who masterminded one of the largest cryptocurrency frauds in history has been sentenced in the U.K. to ...

A $300M crypto scandal in Spain explodes into politics, exposing hidden links between this latest scheme and a far right ...

A couple months ago, I was introduced into the world of blessing looms and detailed how this one specific blessing loom was an illegal pyramid scheme. Unfortunately, these schemes have been on the ...

Unmasking the blessing scam! Is it just a pyramid scheme in disguise? Get the financial analysis of these 'get rich quick' ...

A Richmond man is facing federal charges for his alleged involvement in a return fraud scheme costing major retailers more ...

"I don’t see myself as innocent," Mack, who served almost two years in federal prison and was released in 2023, said on the ...