U.S. Attorney in Manhattan Preet Bharara didn’t mince words yesterday when he called out former online poker giant Full Tilt Poker. In a statement, Bharara said that “Full Tilt was not a legitimate poker company, but a global Ponzi scheme. …

It seems as though there may be two morals to this story: First, when you play for high stakes, make sure you know where your play-partners got their “stakes.” And secondly, just don’t play poker with Tobey Maguire – he’s …

Google might be struggling to make money off YouTube, but pyramid schemers are apparently doing just fine. They’re doing so well, the Better Business Bureau has issued an alert warning of “little Bernie Madoffs” running all around the video site Call it user-generated scamming. .

A search for “cash gifting” on YouTube brings back over 25,000 videos and, at the rate they were going last week, the videos have been viewed over 60 million times.