Many have fallen victim to internet and mobile fraud, receiving messages claiming to be from prominent personalities giving out cash. To claim this cash, you're asked...
Ponzi schemes wreak havoc on countless lives. When the scheme collapses, investors often lose significant portions, if not all, of their investments. The financial consequences can...
Fraudulent investment schemes refer to investment vehicles which in themselves are phony. Their originators usually commence with the intention to defraud investors. They know such schemes...
Popular culture may mock Ponzi schemes, but the bottom line is that they do exist. It’s important to know how to identify them for one’s own...
According to Sadiraj and Schram (2000), Ponzi schemes are fraudulent games where individuals or companies pay out interest returns to some invested parties by borrowing funds...
The farming business is thriving in Nigeria at the moment. As the business grows Ponzi schemes grow with it too. Beating your chest that all farming...