Articles on Ponzi scheme

Displaying all articles

Don’t end up like this person. fizkes/Shutterstock.com

How cryptocurrency scams work

Cryptocurrency fraudsters have swindled their victims out of hundreds of millions – even billions – of dollars. What do they do to earn people's trust and then take their money?
Bitcoins and benjamins: Which is the real currency? David McBee/Pexels

What is the real value of a bitcoin?

One of the hot questions regarding the bitcoin since the first ones were created in 2009 is its real value. We will try as well to answer to this question using two concepts in economics and finance.
The technology that drives Bitcoin enables almost riskless storage and transfer of value and data. Image sourced from Shutterstock.com

Don’t blame Bitcoin for the madness of men

It's just a matter of time before Bitcoin secures legitimacy as a currency.
As bankers for convicted fraudster Bernie Madoff, JP Morgan Chase has borne the cost of ignoring warnings. AAP

JP Morgan must bear the cost of its blind eye on Madoff

The shadow of convicted fraudster and stockbroker Bernie Madoff continues to hang over Wall Street. As part of a deferred prosecution agreement, investment bank JP Morgan Chase agreed on Tuesday to pay…

Top contributors