A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of ...

Todd Burkhalter of Drive Planning defrauded over 2,000 investors through fake real estate opportunities, buying luxury items with funds ...

Prosecutors say that the Ponzi scheme led by the financial advisor is likely the largest in Georgia history.

Financial advisor Todd Burkhalter pleaded guilty to running Georgia’s largest Ponzi scheme, defrauding 2,000 investors of $380M. Learn the red flags and how to protect yourself.

Many investors are asking themselves if we are living in an AI bubble; others have gone beyond that and are simply asking themselves, until when? Yet the bubble keeps growing, fueled by that perilous ...

Everything is fine until the scheme runs out of new investors and the whole house of cards comes tumbling down. We still hear about Ponzi schemes, or pyramid schemes, as they are more frequently ...

A financial group chief executive is accused of running the largest Ponzi scheme in Georgia’s history to fund a high-end lifestyle, which included purchasing a yacht, a multimillion-dollar condo in ...

Two Estonian nationals avoided additional prison time for orchestrating one of crypto’s largest Ponzi schemes (HashFlare) after receiving sentences matching the 16 months they already served in ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Officials believe this could be ...

The SEC reveals how Nigerians were swindled out of ₦316 billion by Ponzi schemes, and names the major players behind the country’s most damaging scams. If you stand in the middle of the every-busy ...