Strategy's Michael Saylor and POTUS's son, Eric Trump, defended Bitcoin against claims that it's a Ponzi scheme.

Former UK PM Boris Johnson labeled Bitcoin a Ponzi scheme. Michael Saylor and crypto community members quickly responded with counterarguments.

What Is a Ponzi Scheme? Ponzi schemes typically lure in investors by promising high returns with little to no risk. Because initial investors often see high returns at first, early Ponzi schemes often ...

(Original Caption) Charles Ponzi, the "financial wizard" of Boston who succeeded in amassing a fortune through his endless chain of sales of Foreign Exchange following the World War, later went to ...

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 ...

Forbes contributors publish independent expert analyses and insights. Steve Weisman writes about white-collar crime. Todd Burkhalter, the CEO of the Georgia-based financial advisory group Drive ...