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

MONTRÉAL, Sept. 26, 2025 /CNW/ - The Autorité des marchés financiers (AMF) is warning Quebeckers about solicitations that are being carried out using multi-level marketing (MLM) principles. In some ...

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

“I’m looking for people to participate in a huge book exchange. You can be anywhere in the world. All you have to do is buy your favorite book (just one) and send it to a stranger (I’ll send you their ...

With increased digital opportunities today, it would appear that financial opportunities are endless-not all of them offering real profits. Among the oldest and most deceiving scams are Ponzi and ...

China's latest crackdown on pyramid schemes was prompted by three shocking deaths: one young man who was beaten, another who was found dead in a pond, a third left to die on a road. Like elsewhere in ...

A BRITISH court overnight found a man guilty of defrauding thousands of investors out of 34 million pounds ($56 million) through a series of pyramid scams. Kevin Foster, 51, who promoted his "KF ...

On the face of it these seem like tough times for financial scammers. The crash of 2008 burned investors, exposed fraudsters and has forced regulators to toughen up. Yet dodgy “pyramid” investment ...

Nov 20 (Reuters) - Thousands of Colombians have lost life savings in pyramid schemes that exploded in a wave of rioting and bankruptcies this month. The accused boss of another financial scheme has ...