Blockchain has shown strong vitality in the field of cryptocurrency investment, attracting the participation of a large number of investors. However, due to the anonymity of blockchain, it induces a lot of fraud, among which the Ponzi scheme smart contract is a typical fraudulent investment activity, causing huge economic losses for investors. Therefore, the detection of Ponzi scheme contracts on Ethereum becomes particularly important. Nevertheless, most existing studies have ignored control flow information in the source code of Ponzi scheme contracts. To extract more semantic and structural information from Ponzi scheme contracts, this study proposes a Ponzi scheme contract detection model based on code control flow graph. First, the model constructs the obtained contract source code in the form of a control flow diagram. Then, key features including data flow information and code structure information are extracted by the Word2Vec algorithm. Considering that the functions of each smart contract are different and the length of the code varies significantly, resulting in a large difference in the extracted feature vectors. In this study, feature vectors generated by different smart contracts are aligned so that all feature vectors have the same dimension, which is convenient for subsequent processing. Secondly, the feature learning module based on graph convolution and Transformer is utilized to introduce multi-head attention mechanism to learn the dependency of node features. Finally, the multilayer perceptron is used to identify the Ponzi scheme contract. By comparing the proposed model with the traditional graph feature learning model on the dataset provided by the Xblock website, the performance of the multi-head attention mechanism introduced by the model is verified. Experimental results demonstrate that this model effectively improves the ability to detect Ponzi scheme contracts.