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 ...

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 ...

A previously convicted Ponzi schemer who had received a pardon from President Donald Trump is heading back to prison due to involvement in a new fraudulent scheme. What Happened: Eliyahu Weinstein, a ...

It is widely recognized that deceiving investors is the bread-and-butter of a Ponzi Scheme [1]. However, the term “investors” often conjures images of Shark Tank or Wall Street – and this is far from ...

The Social Security benefits program has crucial differences from a Ponzi scheme, which is an illegal money-making fraud. A Ponzi scheme is based on signing up more and more investors to pay off ...

In an interview with podcaster Joe Rogan, billionaire businessman and White House adviser Elon Musk resurrected a term that Social Security critics have sometimes used to describe the program, calling ...

The pitch offered a “truly passive, turnkey investment” that was “ideal for the passive investor.” For $8,500 to $10,000, you could own your own vending machine that dispensed one-gallon jugs of ...

As a certified financial planner, I am often faced with questions about new investments that promise high returns with low risk. Examples include so-called ‘exclusive’ high-return funds that promise ...

One question I get asked frequently by potential clients who come in suspecting that they have been scammed is whether they might have been the victim of a Ponzi scheme. Ponzi schemes derive their ...

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 ...

Demonstrators gather outside of the Edward A. Garmatz United States District Courthouse in Baltimore, on Friday, March 14, 2025, before a hearing regarding the Department of Government Efficiency's ...