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 "pay ...

A former NFL linebacker was sentenced to two and a half years in federal prison this week after he admitted to running a Ponzi scheme involving West African gold mines, properties in Central ...

It’s clear from his statement that Musk, despite being a billionaire, doesn’t understand the concept of a promise or a Ponzi scheme. Nor does he seem to value the sacred social contract that ...

A Stuart man was ordered Feb. 4 to pay more than $1.1 million for being the "master trader" of a fraudulent $100 million cryptocurrency Ponzi scheme, court records show. Joshua Nicholas ...

LOS ANGELES -- Former NFL linebacker John Robert Leake has been sentenced to 2 ½ years in federal prison for running a ponzi scheme in which he defrauded victims out of more than $5 million.

And this Pavlovian reaction was on full display when presidential adviser and multibillionaire Elon Musk recently called Social Security “the biggest Ponzi Scheme of all time.” Because that ...

LOS ANGELES (WBAY) - A former NFL linebacker was sentenced Monday to 30 months in federal prison for running a Ponzi scheme in which he defrauded victims out of more than $5 million, authorities ...

PENDLETON, S.C. (FOX Carolina) - Four suspects are facing a federal indictment for collaborating with an Upstate man in running a multi-million-dollar Ponzi scheme. Michael J. French of Pendleton ...

LOS ANGELES (WLUK) -- A former Green Bay Packers linebacker was sentenced Monday to 2.5 years in federal prison for running a Ponzi scheme that defrauded victims out of more than $5 million.

To further reduce public confidence in the system, Musk has tried to diminish service quality through staff reductions and office closures, and by claiming that Social Security is a Ponzi scheme ...