Thousands of clients trusted Todd Burkhalter to invest their money in high-yielding real estate loans. In reality, Burkhalter was running a massive Ponzi scheme while splurging on motorcoaches and ...

A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. Ponzi scheme organizers often promise to invest money and generate high returns with little ...

Most of us have probably heard of Ponzi schemes or pyramid schemes. If you are familiar with these terms, you are likely thinking, like most people, that they would be easy to spot, thanks to the ...

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 ...

Rathnakishore Giri was sentenced to nine years in prison for orchestrating a sophisticated cryptocurrency Ponzi scheme. He falsely presented himself as an expert in Bitcoin derivatives, promising ...

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 ...

Securities and Exchange Commission (SEC) and the National Youth Service Corps (NYSC) have signed a Memorandum of Understanding (MoU) on a Community Development Service Group in the NYSC scheme to ...