A Ponzi scheme run by Drive Planning and its CEO Russell Todd Burkhalter has defrauded over 2,000 investors of around $300 million, with victims encouraged to invest their savings and retirement funds. Lawyer Shawn Good is rallying these investors to form a class-action lawsuit, expressing hope for potential recovery of lost funds despite uncertainty. Concurrently, a rise in sophisticated fraud schemes, particularly in cryptocurrency, has led to significant financial losses totaling billions, with scams such as 'pig slaughtering' and rug pulls becoming increasingly common. One anonymous trader reportedly makes $60-$65K a week through manipulating newly launched tokens, while another victim lost $152,000 in a fake exchange scam. In Singapore, a scammer was sentenced to 3.5 years in jail for defrauding 94 victims out of over $170,000 through fake electronics sales, and in the U.S., a 73-year-old woman was tricked into sending $20,000 after falling victim to a fraudulent Microsoft refund scheme. These incidents highlight the growing prevalence and sophistication of scams targeting vulnerable individuals.