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 ...

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 ...

The tale of Zachary Horwitz made headlines this week after he was sentenced to 20 years for bilking investors out of $650 million by peddling bogus licensing deals with HBO and Netflix. Ironically, it ...

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 ...

Kevin Pathrath an other warn of an AI Bubble and AI Ponzi with a potential 80% collapse. The core of the argument is the circular financing structure of the recent OpenAI-Oracle-Nvidia deal and the ...

Coffeezilla and Patrick Bet-David are trending after a public back-and-forth over Goliath Ventures, a company that federal prosecutors recently accused of operating as a Ponzi scheme. The discussion ...

She explained that the platform had been presented to them as an investment arrangement, similar to a cash-flow scheme. “We were instructed to buy shares and allow our funds to appreciate over a set ...

If you stand in the middle of the every-busy Lagos Island market and scream, “double your money in 10 days,” at least 100 people will turn to look. You can blame the economy, desperation, or our ...

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 ...