Steering Clear of Ponzi Schemes
Recent examples show Ponzi schemes are still very prevalent and leave significant investor losses and hardships in their wake.
Sears Accuses ex-CEO of Looting $2B in Assets
The bankrupt retailer alleges Eddie Lampert and other investors siphoned off assets for their own gain through fraudulent spinoffs and other deals.
Vietnam Bank Reports Attempted Cyberheist
Tien Phong Bank says it thwarted an attack involving the same technique used in the theft from the Bangladesh central bank.