Elon Musk has his chainsaw out and is coming for Social Security, which poses a particularly tough problem because it is the most popular federal program. In addition, there is no cash to divert, it ...

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 ...

Technology bubbles have often concealed major frauds. From the railway boom to the Madoff affair, are there warning signs at ...

Mark Dente, a former Copley basketball coach, is accused of operating a Ponzi scheme that bilked hundreds of investors out of ...

Elon Musk has been on a mission to reduce government waste through the Department of Government Efficiency (DOGE). As of April 18, the agency estimates that it has saved $155 billion in total. And ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Recently, one of my relatives contacted me, and there was desperation in her voice. Immediately, I worried it was about a health issue for her or another relative. Fortunately, it wasn’t, but to her ...

Part D is not a Ponzi scheme, but it’s a redistribution of wealth from taxpayers as a whole to senior citizens and pharmaceutical companies. I’d like to hear the candidates explain why Part D should ...

Gerry Linarducci, former managing director of Drive Planning LLC, faces charges related to an alleged scheme to defraud real ...

Elon Musk has suggested making changes to Social Security, including implying it is a Ponzi scheme, which has sparked debate. Social Security is funded by payroll taxes and is designed as a ...