Christopher Delgado is accused of running a Ponzi scheme and taking $328M from his investors.

Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply coupons, using the money from new investors to pay returns to earlier ...

What once relied on word-of-mouth and text messages has now evolved into sleek websites, crypto buzzwords, and social media influencers. But no matter the packaging, the outcome is often the same: ...