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 ...

In a world where financial freedom is the goal for many, it’s easy to get excited by opportunities that promise quick returns. Whether it’s through a friend, an online forum or even a trusted ...

Las Vegas attorney Matthew Beasley consents to plead guilty to wire fraud in a Ponzi scheme, with a proposed sentence of ...

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 ...

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 ...

The worldwide pandemic has threatened many of the businesses you rely on every day, but don’t let it take away your source for local news. Now more than ever, we need your help to ensure nothing but ...

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 ...