The Gazette offers audio versions of articles using Instaread. Some words may be mispronounced. The Gazette's Dec. 29 definition of a Ponzi scheme: “A constant infusion of new investors (taxpayers) to ...

A prominent Georgia Republican accused of running a $140 million Ponzi scheme pleaded guilty Tuesday to one count of wire ...

A federal appeals court has upheld prison time for a Puerto Rico insurance promoter who ran a multimillion-dollar Ponzi scheme targeting investors with false promises. Carlos Maldonado-Vargas, founder ...

Ponzi and pyramid schemes depend on new money and recruitment to survive. These schemes promise returns from new participants, not real economic activity. Bitcoin does not require recruitment or ...

A New Jersey scam artist whose federal prison sentence was commuted by President Donald Trump in 2021 is headed back to jail for running a new Ponzi scheme after he was freed. Eliyahi Weinstein, 51, ...