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 ...

Giuttari used an elaborate Ponzi scheme to defraud investors. He was sentenced to serve 55 months in prison PROVIDENCE – A federal judge sentenced a Cranston mortgage broker to serve 55 months ...

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 ...

using the cash for personal purchases and to repay other investors as he ran a Ponzi scheme, was sentenced Thursday to more than four years in federal prison. A US District Court judge in ...

William L. Holohan, in a recent column, proclaims that Social Security is not a Ponzi scheme because it "relies on a real asset.” It is unclear which version of Social Security he is comparing.

A Ponzi schemer’s “extraordinary” cooperation with authorities wasn’t enough to spare him federal prison time, after one of his many victims spoke out in court about the enormous human ...

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 ...

A broker who was previously banned from the industry is facing 22 criminal counts in connection with an alleged Ponzi scheme that bilked investors out of more than $1.2 million.

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 ...