Christopher Delgado is accused of running a Ponzi scheme and taking $328M from his investors.

Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply coupons, using the money from new investors to pay returns to earlier ...

Prosecutors say Goliath Ventures raised $328M with ‘guaranteed’ 3%-8% monthly crypto returns; suspect faces up to 30 years in prison.

A federal grand jury has indicted a South Florida man on charges he allegedly scammed investors out of $880 million in a Ponzi scheme with promises of profits from a fake wholesale grocery business.

What once relied on word-of-mouth and text messages has now evolved into sleek websites, crypto buzzwords, and social media influencers. But no matter the packaging, the outcome is often the same: ...

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 ...

Knowing what to look for allows you to avoid joining a pyramid scheme.