A Ponzi scheme “is a fraud intended to mislead investors,” said Christina C. Benson, an Elon University associate professor ...

Billionaire businessman and White House adviser Elon Musk said, “Social Security is the biggest Ponzi scheme of all time.” ...

Unlike Ponzi schemes, Social Security relies on a real asset, the taxing authority of the government, which in turn relies on ...

Robert Kiyosaki is a well-known personal finance guru, famous for being the author of “Rich Dad Poor Dad.” In a recent blog ...

If there’s one thing Elon Musk loves more than disrupting industries, it’s disrupting facts. During his recent appearance on ...

(WJAR) — Charles Ponzi would have turned 144 years old this week. Bentley University professor and creator of scamicide.com Steve Weisman says, even now – several decades after his death ...

When Elon Musk called Social Security “the biggest Ponzi scheme of all time” on Joe Rogan’s podcast on February 28, he was, wittingly or not, echoing a long line of conservative critics. Over the last ...

In 1920, Charles Ponzi's "get-rich-quick" scheme started out small and legal. He promised investors a doubling of their investments in 90 days, and fulfilled that promise by buying International ...

What is a Ponzi scheme? The term originated with Charles Ponzi, a Boston swindler who conned investors out of millions in 1920 by promising returns of up to 100% in 90 days on investments in ...