Waste firm Biffa claimed it invested heavily after being given assurances about the recycling scheme only to see it collapse a year later.

Investopedia explains pyramid schemes, how they work, their different forms, and how people can avoid these fraudulent money traps.

The centre on Saturday approved the Unified Pension Scheme (UPS) for central government employees which is expected to impact 23 lakh employees, aimed at providing financial security and stability for government workers post-retirement. Employees who have ...

On March 12, 2014, the United States Federal Trade Commission (FTC) launched an official investigation of the nutritional supplement company Herbalife, based on allegations that the company was running a pyramid scheme - a fraudulent investment scheme ...

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

The federal government's Help to Buy bill, which hopes to target low- and middle-income earners trying to get onto the property ladder, has been passed into law by parliament on Wednesday. Labor says the scheme will bring the dream of home ownership back ...

Five years ago Sunday, Bernie Madoff was sentenced to 150 years in prison for running the biggest fraudulent scheme in U.S. history. Even now, only a few of his victims have since regained all of their losses. A well-respected financier, Madoff convinced ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of economics and politics. In recent debates GOP presidential rivals have been sparring on Social Security, with some (Rick Perry) insisting it's a "Ponzi scheme ...

Charities say employers will still be able to certify themselves without employing "a single disabled person".