All news on the topic: Ponzi scheme

Mehmet Aydın, the founder of a Turkish online Ponzi scheme who had been accused of embezzling money from thousands of people, was on Monday sentenced to 45,376 years and six months in prison

South African authorities have recovered R475,000 from Chinese “click a button” app Ponzi scammers (~$25,640 USD).

Roman Felik, who presents himself as a successful businessman, is accused of swindling others out of money to fund a lavish lifestyle and purchasing fake identification to conceal his true identity.

Moyn Islam has received multiple allegations of being involved in Ponzi schemes. Is he a scammer? Find out here.