A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent...

Charles Ponzi (/ˈpɒnzi/, Italian: [ˈpontsi]; born Carlo Pietro Giovanni Guglielmo Tebaldo Ponzi; March 3, 1882 – January 18, 1949) was an Italian charlatan...

in 1872 it had become the largest case of fraud in 19th-century Bavaria. Johann Baptist Placht ran a Ponzi scheme in Vienna from 1872 to 1873, claiming...

of Charles Ponzi's scheme are a 20th-century example of mail fraud. Ponzi was charged with the U.S. federal crime of mail fraud. Wire fraud was first defined...

МММ was a Russian company that perpetrated one of the world's largest Ponzi schemes of all time, in the 1990s. By different estimates from 5 to 10 million...

massive fraud. On March 12, 2009, Madoff pleaded guilty to 11 federal felonies and admitted to turning his wealth management business into a massive Ponzi scheme...

investment activities. The largest instance of securities fraud committed by an individual ever is a Ponzi scheme operated by former NASDAQ chairman Bernard Madoff...

Million Ponzi-Like Scheme". www.justice.gov. 2022-04-11. Retrieved 2023-03-06. "NY Fund Manager Gets 13 Months for $100 Million Ponzi Fraud (1)". news...

Indicted on Fraud Charges". WTSP. "Lou Pearlman". Abramovitch, Seth (January 22, 2014). "Boy Band Mogul Lou Pearlman's Prison Interview: My Ponzi Scheme Was...

2021, he pleaded guilty to securities fraud for his role in defrauding investors of $227 million through a Ponzi scheme and, as a result, was sentenced...