A federal jury has convicted a Prosper couple of running a $25 million pyramid scheme during the COVID-19 pandemic that ...

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

Three masterminds of a pyramid scheme were sentenced for founding and operating the scam that cost investors 23 million dollars. The trio was named Alex Dee, of Texas, Brian Kaplan, of Colorado, and ...

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

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

Those who swindled unsuspecting Kenyans Sh34 billion in pyramid and Ponzi schemes will be known tomorrow in Parliament. The report, containing names of people involved in 169 schemes including 16 ...

Asue Ighodalo, gubernatorial candidate of the Peoples Democratic Party in Edo State, has filed a N20 billion defamatory suit against Senator Adams Oshiomhole over comments on a pyramid scheme. The ...

The Better Business Bureau is warning of a pyramid scheme that promises easy money via a “Blessing Loom.” According to the BBB, victims of the scam receive direct messages through social media – most ...

“Wanna swim in cash?” The first season of the podcast “The Dream” starts by asking the listener this question. This is the ploy many people who sell the fantasy of wealth for a multi-level marketing ...

Most Americans have been aware for some time that multi-level marketing schemes are bad — either through recent books or documentaries like LuLaRich. But did you know exactly how bad? Bridget Read, ...

Russian organizers of financial pyramid schemes are now often pretending to be brokers offering victims to earn money on ...