The Washington Nationals made a surprise pick by taking the 17-year-old Willits No. 1 overall. He is the youngest player ever ...

The U.S. Securities and Exchange Commission accuses Georgia man Edwin Brant Frost IV and his First Liberty Building & Loan, LLC, of a Ponzi scheme.

His name is synonymous with massive fraud. Now, a new podcast. "Easy Money: The Charles Ponzi Story," delves into how and why ...

Following the arrest of PACL director Gurnam Singh for allegedly defrauding investors of Rs 49,000 crore, it is more crucial ...

A pedestrian was standing on the corner of Sprague Avenue and Post Street when he witnessed a surreal sight: water shooting up “in four or five different places all over the street.” ...

Meghan Markle has been given a major warning by a PR expert ahead of her highly anticipated wine launch next week. The Duchess of Sussex will release a Napa Valley rosé through her brand, As Ever on ...

Every year, thousands of intelligent and otherwise capable people fall victim to some form of exploitation or fraud. The fallout is devastating, both financially and psychologically. Rates of ...

Charles Ponzi served prison time for his infamous 1920 Ponzi scheme. Afterward, he launched a Florida land scam, selling worthless swampland as prime property.

Smart people fall for scams, too. Ponzi schemes capitalize—literally—on our hopes and cognitive quirks.