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

DAYTON, Ohio (WDTN) — Two Butler Township residents have been indicted, accused of taking more than $11 million in investment dollars from their victims in an alleged Ponzi scheme. The couple faces ...

Keith Todd Ashley, an advisor indicted for the murder of a client, has turned to the Fifth Circuit of Appeals to fight his 60 ...

A police mug shot of Italian-born American swindler Charles Ponzi (1882 - 1949) after his arrest for forgery under the name of Charles Bianchi, Montreal, Canada, 1909. Ponzi later served 14 years in ...

What Is a Ponzi Scheme? Ponzi schemes typically lure in investors by promising high returns with little to no risk. Because initial investors often see high returns at first, early Ponzi schemes often ...

INDIANAPOLIS — An Indianapolis broker is being charged by the U.S. Securities and Exchange Commission for his alleged role in a $300 million Ponzi scheme. On Dec. 19, Gerardo “Gerry” Linarducci, ...

(Original Caption) Charles Ponzi, the "financial wizard" of Boston who succeeded in amassing a fortune through his endless chain of sales of Foreign Exchange following the World War, later went to ...

A Florida man has pleaded guilty to charges stemming from a years-long Ponzi scheme that defrauded international investors out of more than $94 million, prosecutors said. Andrew Hamilton Jacobus, a 64 ...

CAPE GIRARDEAU, Mo. (KFVS) - Two Perryville men admit they operated a Ponzi scheme that defrauded more than 90 victims of at least $3 million over 20 years. Dozens of victims packed a U.S. District ...

The Senate on Wednesday mandated its relevant committees to investigate rising cases of Ponzi schemes in the country. The resolution of the red chamber followed its consideration and adoption of a ...

In the world of finance, a Ponzi scheme is a house of cards — a system in which early investors are paid with money from new participants, not real profits. Eventually, the influx slows, the illusion ...