Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

Scammers want you to believe they're offering you a legitimate money-making opportunity. Seniors are seen as prime targets due to the potential that they have money saved for retirement. If an ...

From tossing coins to dicing and card games, gambling has a long history in Nigeria. What began as a form of entertainment has now evolved into fraudulent schemes that usually lead to financial losses ...