Statement: “Social Security is the biggest Ponzi scheme of all time.” In an interview with podcaster Joe Rogan, billionaire and White House adviser Elon Musk resurrected a term that Social ...

During the three-hour Feb. 28 appearance, Musk said, “Social Security is the biggest Ponzi scheme of all time.” Critics of President Donald Trump and Musk, a White House adviser, used Musk ...

While this might sound like a new phenomenon, Ponzi schemes have plagued Nigeria for over a decade, preying on people’s desperation for quick wealth. Twinkas promised participants double their ...

Nigeria has become a fertile ground target for Ponzi schemes, with millions of unsuspecting investors losing life savings in a cycle of financial deception and unfulfilled promises. From digital ...

But the whole mechanism is a kind of Ponzi scheme where more and more credulous investors must be found to buy the stock from the earlier investors. Eventually, one runs out of greater fools.” ...

Di amount of Ponzi schemes for Nigeria now don turn anoda tin, e be like if pesin turn head like dis, anoda tin don suck millions from di pockets of kontri pipo. Just dis weekend pipo start to ...

During the three-hour Feb. 28 appearance, Musk said, “Social Security is the biggest Ponzi scheme of all time.” Critics of President Donald Trump and Musk, a White House adviser, used Musk’s ...

Social media was abuzz on Friday following concerns about the operations of CBEX, a digital asset trading platform, with several users warning that it shows signs of being a Ponzi scheme. On ...