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The Latest Breaking News from Charles Ponzi

Ponzi schemes and financial bubbles: lessons from history

Many investors are asking themselves if we are living in an AI bubble; others have gone beyond that and are simply asking themselves, until when? Yet the bubble keeps growing, fuelled by that perilous sentiment of “fear of missing out”. History and recent experience show us that financial bubbles are…

The Conversation

25 Famous Fraud Cases So Shocking They Almost Sound Made Up

From fake identities to romance scams, these 25 cases reveal the most brazen scams ever pulled off, and how they finally came crashing down.

Bored Panda

12 Financial Experts Who Turned Out to Be Frauds

Trust forms the foundation of financial advice. When we hand over our hard-earned money to financial experts, we expect honesty, integrity, and genuine expertise. Unfortunately, the financial world has seen its share of wolves in sheep’s clothing—individuals who built empires on deception rather than sound financial principles. These fraudsters not…

The Free Financial Advisor

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Social Security Approaches Its Day of Reckoning

Americans should plan for their futures rather than relying on a nonexistent Social Security “trust fund.”

Reason

A timeline of Sam Bankman-Fried, who could go down as one of history’s most notorious fraudsters

Sam Bankman-Fried, 31, is facing fraud and conspiracy charges linked to FTX, which was once valued at $32 billion.

Fortune

Fyre Festival II: a psychologist on why some people fall for fraudsters over and over again

If you’ve ever been scammed, perhaps you resolved to never allow someone to take you for a fool again. But research shows not everyone reacts this way and in fact some fraud victims go into denial.

The Conversation

The Guide #32: Readers pick the books they want to see on screen

In this week’s newsletter: We asked Guide readers and Guardian writers which books they want adapted for TV or film – here’s what you chose

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