A Ponzi schemer’s “extraordinary” cooperation with authorities didn’t spare him federal prison time, after one of his many ...

In an effort to limit fraudulent claims, the Social Security Administration will impose tighter identity-proofing measures.

MoU was related to setting up data centres at Rs 13,500 crore investment. At UP Global Investors Summit 2023, VueNow founder was seen speaking in presence of senior govt officials.

The U.S. Attorney's Office sentenced John Robert Leake to 30 months in prison. He also has to pay his victims $5.3 million in restitution.

A former Green Bay Packers player has been sentenced to federal prison for running a Ponzi scheme that defrauded victims of ...

Two Lubbock financial advisors are accused in civil lawsuits of talking their investors into a Ponzi scheme that cost them ...

The Securities and Exchange Commission (SEC) has revealed that women are the most affected victims of Ponzi schemes in Nigeria. Dr. Emomotimi Agama, Director-General of SEC, disclosed this in Abuja on ...

The Director-General of the Securities and Exchange Commission, Emomotimi Agama, said on Thursday that most victims of Ponzi schemes in the country are women. Agama said the sympathetic nature of the ...

Elon Musk criticized the US Social Security system, calling it 'the biggest Ponzi scheme' due to its pay-as-you-go structure and increasing financial strain from demographic shifts. He argued that ...

Chip Somodevilla/Getty Images The leaders also blasted Musk's recent characterization of Social Security as a 'Ponzi scheme.' "Elon Musk says it's a Ponzi scheme. The richest man in the world is ...

“Social Security is the biggest Ponzi scheme of all time,” said Musk ... (Photo by Jean Catuffe/GC Images) America’s system is traditionally known as “pay-as-you-go” and is typical ...

In early 2025, a rumor spread online that U.S. President Donald Trump's adviser on government efficiency, tech billionaire Elon Musk, called Social Security a "Ponzi scheme," thus claiming that ...