Elon Musk has his chainsaw out and is coming for Social Security, which poses a particularly tough problem because it is the most popular federal program. In addition, there is no cash to divert, it ...

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 ...

Former advisor Doug Miller pleaded guilty in a Ponzi scheme related to Northwest Capital, defrauding investors of $72 million.

A Charlotte man was sentenced to prison for stealing $6M from friends, family, fellow church members, and veterans in a ponzi ...

Elon Musk has been on a mission to reduce government waste through the Department of Government Efficiency (DOGE). As of April 18, the agency estimates that it has saved $155 billion in total. And ...

More than a dozen people who are being sued for the money they allegedly made in a Ponzi scheme have filed for bankruptcy. Mark Dente, a former Copley basketball coach, is accused of operating a Ponzi ...

Investors in what turned out to be a $53 million Ponzi scheme are unlikely to receive more than a fraction of a cent on the ...

CHARLOTTE — A Charlotte businessman accused of running a Ponzi scheme is headed to prison. A judge sentenced Wynn Charlebois ...

Recently, one of my relatives contacted me, and there was desperation in her voice. Immediately, I worried it was about a health issue for her or another relative. Fortunately, it wasn’t, but to her ...

Doug Miller was convicted of multiple felony pleas on Tuesday for the Ponzi scheme prosecutors say he and others ran as part ...

Elon Musk has suggested making changes to Social Security, including implying it is a Ponzi scheme, which has sparked debate. Social Security is funded by payroll taxes and is designed as a ...