Operatives of the Economic and Financial Crimes Commission (EFCC), on Monday, March 24, 2025 busted a Ponzi Scheme Academy and arrested 133 suspects in Abuja. They were arrested at the ...

The term originated with Charles Ponzi, a Boston swindler who conned investors out of millions in 1920 by promising returns of up to 100% in 90 days on investments in foreign postal coupons.

We contacted the White House to ask if Musk wanted to comment but received no reply. The term originated with Charles Ponzi, a Boston swindler who conned investors out of millions in 1920 by promising ...