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 ...

Rathnakishore Giri was sentenced to nine years in prison for orchestrating a sophisticated cryptocurrency Ponzi scheme. He falsely presented himself as an expert in Bitcoin derivatives, promising ...

A second group has hit Alston & Bird with a class-action lawsuit over its role in an alleged $328 million cryptocurrency Ponzi scheme. The suit alleges that the firm aided and abetted the scheme that ...

This regulatory impasse could significantly impede crypto market recovery and deter institutional investment in the U.S. The ...

The President of the Senate, Godswill Akpabio, on Tuesday declared open a far-reaching public hearing on proposed amendments to the Banks and Other Financial Institutions Act (BOFIA) 2020 and an ...

Most of us have probably heard of Ponzi schemes or pyramid schemes. If you are familiar with these terms, you are likely thinking, like most people, that they would be easy to spot, thanks to the ...

From the earliest days of commerce to the modern digital economy, the promise of quick wealth has remained one of humanity’s most enduring temptations. Long before the rise of the internet and ...

The SEC says a California real estate fund manager bankrolled monthly payouts to investors with fresh cash from new ones — to the tune of $15 million. In a case filed April 20 in federal court in the ...

A Texas man pleaded guilty to wire fraud for running a $2.1 million Ponzi scheme involving "meme stocks." The man admitted to using investor funds for personal expenses and paying off earlier victims ...

Every year, thousands of intelligent and otherwise capable people fall victim to some form of exploitation or fraud. The fallout is devastating, both financially and psychologically. Rates of ...