Todd Burkhalter promised big returns. His victims didn’t realize they were too good to be true.

Attorneys James D. Gassenheimer and Isaac M. Marcushamer offer the telltale signs of a Ponzi scheme knowing another wave of frauds may be just around the corner. In late 2008 and 2009, the United ...

Ponzi and pyramid schemes depend on new money and recruitment to survive. These schemes promise returns from new participants, not real economic activity. Bitcoin does not require recruitment or ...

Two men — Ryan Wear, of Everett, Washington, and Jordan Chirico, of Carmel, Indiana — have been indicted in New York on federal criminal charges related to two Ponzi-like schemes involving water ...

Finance and investment experts have attributed the recurring cases of phony investment schemes to three main issues of financial illiteracy, greed and lack of culture of due process. Against the ...

(Original Caption) Charles Ponzi, the "financial wizard" of Boston who succeeded in amassing a fortune through his endless chain of sales of Foreign Exchange following the World War, later went to ...

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 ...

Nigerian regulators are launching a more forceful and coordinated enforcement regime against unregistered and illegal “phony” investment schemes, otherwise known as Ponzi schemes. The new enforcement ...