Articles tagged with: ponzi scheme
Fundraiser Hsu Indicted for $60 Million Fraud Ponzi Scheme
Former Democratic fundraiser Norman Hsu, charged in September with cheating investors in a $60 million "Ponzi" scheme, was formally indicted by a federal grand jury on similar allegations, U.S. (…)
Ponzi Pyramid Schemes
"A pyramid scheme is a non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, usually without any product or service being delivered. (…)
