Elon Musk's recent comments on Social Security during an interview with Joe Rogan have reignited discussions about the nature ...

A Brazilian court has sentenced the men behind Bitcoin investment scam Braiscompany to a combined 170 years behind bars.

The alleged crypto Ponzi scheme lured some 20,000 investors with false promises and raised over $190 million from them.

A Nigerian man who collected N750k rent from his father's tenants has lost the money in a Ponzi scheme after he invested it ...

Thousands of Kenyans have fallen victim to CBEX, an online trading platform that promised high returns but has now collapsed, leaving investors with empty accounts.

Thousands of investors lost over KSh 100 billion after CBEX, a digital asset trading platform, collapsed in what is now being ...

A digital trading platform, China Beijing Equity Exchange (CBEX), has collapsed, leaving an estimated 300,000 investors ...

A Nigerian man shares how Nigerians kept falling for Ponzi schemes despite past experiences. He shared screenshots from a ...

You know that moment when your friend tells you, 'This platform is paying! I made 100k in just two weeks!' and your ears perk ...

Kevin Bacon has recently broken his silence on one of the most challenging chapters of his financial life: his involvement in the Ponzi scheme orchestrated by Bernie Madoff in the 2000s.

Kevin Bacon made some rare comments about losing money in Bernie Madoff’s Ponzi scheme in the 2000s. Speaking with Esquire, the actor said, "There's not that much to say, really. If it seems too ...

Kevin Bacon and Kyra Sedgwick lost money in Bernie Madoff's Ponzi scheme.John Nacion/Variety via Getty Images Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme.