Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

At the beginning of the previous week we reminded you all of the "The Greatest Ponzi Scheme In History"As part of our continued monitoring of the situation in China, it worthwhile noticing that the ...

An Italian immigrant who arrived in the United States in 1903 with just $2.50 in his pocket, Charles Ponzi ascended from obscurity to dizzying wealth seemingly overnight. But under the surface of his ...

Many investors are asking themselves if we are living in an AI bubble; others have gone beyond that and are simply asking ...

Victims of a deceased financier known as the "Bernie Madoff of cows" are suing three banks, alleging they enabled the fraud that resulted in a $100 million Ponzi scheme. Some of those duped by Brian ...

(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 ...

What Is a Ponzi Scheme? Ponzi schemes typically lure in investors by promising high returns with little to no risk. Because initial investors often see high returns at first, early Ponzi schemes often ...

Statement: “Social Security is the biggest Ponzi scheme of all time.” In an interview with podcaster Joe Rogan, billionaire and White House adviser Elon Musk resurrected a term that Social Security ...

To the editor: Recently, there have been a rash of news stories about Social Security being the world’s greatest Ponzi scheme, that it is full of fraudsters and adds to the nation’s deficit. These are ...

MADISON COUNTY, N.Y. — A Madison County tax preparer was arrested after defrauding people out of over $50 million in a Ponzi scheme, the New York State Attorney General's Office announced on Monday.

The Chinese credit bubble is a ticking time bomb. That bubble is primed to explode regardless of anything else. When it happens and how it happens will have profound implications for your portfolio.If ...