The SEC reveals how Nigerians were swindled out of ₦316 billion by Ponzi schemes, and names the major players behind the country’s most damaging scams. If you stand in the middle of the every-busy ...

\IN A world where investment opportunities flood inboxes and social media feeds, the allure of high returns with seemingly low risk can be intoxicating. However, these enticing offers can often mask ...

Explore whether the 24 Crypto Boost scheme, promising to double Bitcoin investments in just 24 hours, is a legitimate opportunity or a scam ...

To curb the activities of unregistered investment operators and protecting investors from fraudulent schemes, the Securities and Exchange Commission (SEC) is set to introduce a dedicated Unstructured ...

Financial fraud and scams are everywhere these days, and no one’s really safe, whether you’re new to investing or have years of experience. The numbers are pretty shocking: In the U.S. in 2024, ...

Technology bubbles have often concealed major frauds. From the railway boom to the Madoff affair, are there warning signs at the heart of the current AI frenzy?

In this follow-up investigation, IMOLEAYO OYEDEYI examines the stalled refund efforts of some of the over 4,000 Nigerians who lost their hard-earned money to the collapsed EMAAR Ponzi scheme. With ...

The Senate on Wednesday mandated its relevant committees to investigate rising cases of Ponzi schemes in the country. The resolution of the red chamber followed its consideration and adoption of a ...