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 ...

Federal prosecutors have charged an Illinois investment adviser with operating a five-year Ponzi scheme that allegedly ...

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 ...

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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 ...