Ponzi and pyramid schemes have proliferated across Caribbean countries during the pandemic, and authorities have been unable to keep up, according to a new report by the Caribbean Investigative Journalism Network (CIJN). The report estimates that the rash of pyramid and Ponzi schemes has already cost would-be investors in the hundreds of millions of dollars in the six jurisdictions examined – Antigua and Barbuda, Barbados, British Virgin Islands (BVI), Guyana, Jamaica and Trinidad and Tobago (T&T).