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

Scammers want you to believe they're offering you a legitimate money-making opportunity. Seniors are seen as prime targets due to the potential that they have money saved for retirement. If an ...

VISAKHAPATNAM: Cybercrime police have arrested four persons for operating a crypto-based MLM (Multi-Level Marketing) business scam in Visakhapatnam. It was run in different names like UMT, UBIT, ...

Tax investigators detect crypto Ponzi schemes by identifying discrepancies between reported income and extravagant spending, often linked to unreported digital asset gains. Blockchain analysis tools ...