300 Investors, $50M Gone: Financier Paul Regan Admits Fraud in High-Yield Scheme

Paul Regan, a US financier, has been charged with orchestrating a Ponzi-style investment fraud scheme that defrauded over 300 ...
CoinDesk

Crypto Ponzi Schemes: How to Identify and Protect Yourself From These Scams

We’ve all heard the stories of people becoming multimillionaires through investing in cryptocurrency. When you hear these tales of people who – just a decade ago! – put a little money into a new ...
Analytics Insight

Bitcoin Faces Ponzi Accusations as Saylor and Trump Defend the Market

Bitcoin again faces criticism after former UK Prime Minister Boris Johnson labeled cryptocurrencies a “giant Ponzi scheme.” His remarks triggered responses from ...
NigerianEye

Senate moves to amend BOFIA, begins probe of ponzi schemes after CBEX collapse

The Senate has commenced a public hearing on proposed amendments to the Banks and Other Financial Institutions Act (BOFIA) of 2020 and an investigation into the proliferation of ponzi schemes in ...
Nigerian CommunicationWeek on MSN

Senate Targets Fintech Overreach, Vows Ponzi Crackdown After ₦1.3trn CBEX Scam

Nigerian Senate has launched a public hearing to amend the Banks and Other Financial Institutions Act (BOFIA) 2020 while investigating rampant ponzi schemes, spotlighting the Crypto Bridge Exchange ...