Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

There are millions of retirees today who rely on Social Security for income. And if you’re a member of the workforce, chances ...

The scheme, tied to First Liberty Building and Loan, is now under investigation by the Georgia Secretary of State's office, which says more than $140 million vanished in the fraud. For Phillip and ...

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Social Security has long been a subject ...

President Donald Trump has commuted the seven-year sentence of former GPB Capital Holdings CEO David Gentile, with a White House official on Sunday countering the claims at trial brought by the Biden ...

In federal court on Monday, the receiver put in place to handle assets of Newnan-based First Liberty Building & Loan argued it should be allowed to recover money from its borrowers to try to pay back ...

Investopedia explains pyramid schemes, how they work, their different forms, and how people can avoid these fraudulent money ...

ATLANTA — State investigators are ordering the family members and executives behind an alleged $140 million Georgia Ponzi scheme to sit for questioning this week. Channel 2 consumer investigator ...

This article adheres to strict editorial standards. Some or all links may be monetized. Social Security has long been a subject of intense discussion in America, but investing legend Warren Buffett’s ...