Investopedia explains pyramid schemes, how they work, their different forms, and how people can avoid these fraudulent money ...

In the world of multilevel marketing (MLM) the only “sales” that are recorded are the purchases made by each seller, ...

Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

Nepal Police have arrested 11 individuals on charge of being involved in pyramid model online scamming for cheating over Rs ...

A Texas pyramid scheme conviction has exposed the full scope of the ‘Blessings in No Time’ operation after a federal jury ...

A federal jury convicted a Frisco couple of conspiracy, wire fraud, and money laundering in a $25 million pyramid scheme tied ...

A 13-year search for justice by close to 40,000 victims of the country’s biggest pyramid scheme scam yesterday ended in yet another heartbreak.

A federal jury in Texas has convicted LaShonda and Marlon Moore, the couple behind Blessings in No Time, for running a ...

LaShonda and Marlon Moore were each convicted of one count of conspiracy to commit wire fraud, five counts of wire fraud and ...

Big names were mentioned in Parliament over the get-rich-quick pyramid schemes that collapsed with Sh34 billion belonging to Kenyans and drove at least 20 people to suicide. The wife of Trade Minister ...

The cost of living in Malaysia isn’t exactly slowing down. From groceries to Grab rides, everything feels a little more expensive. So it’s no surprise that more and more Malaysians are jumping into ...

Connie Ferguson has been dubbed the "face of pyramid schemes" by the online community after fraudsters used her likeness to ...