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

It is widely recognized that deceiving investors is the bread-and-butter of a Ponzi Scheme [1]. However, the term “investors” often conjures images of Shark Tank or Wall Street – and this is far from ...

What once relied on word-of-mouth and text messages has now evolved into sleek websites, crypto buzzwords, and social media influencers. But no matter the packaging, the outcome is often the same: ...