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

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

Have you ever heard of someone who claimed to make a lot of money by investing in a new cryptocurrency or a trading program that promised high returns? Did they also tell you that you could join them ...

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

a pyramid scheme in the hands of a fraudster. Fans of the old horror movie Poltergeist 2 remember the classic line "They're back" and so it is with the classic Secret Sister scam which returns each ...

BISHKEK -- A doomed pyramid scheme has again fooled hundreds of people into thinking they could earn unreasonably high profits very easily. Several people have been arrested in connection with what ...

Please enable JavaScript to read this content. A 13-year search for justice by close to 40,000 victims of the country’s biggest pyramid scheme scam yesterday ended ...

More than 8,000 people were recruited into “Blessings in No Time,” authorities said. Getty Images/iStockphoto Thousands of people were tricked into joining an illegal pyramid scheme in Texas that ...

Please enable JavaScript to read this content. Did senior government officials collude to defraud Kenyans of their hard-earned money? And are they now protecting the ...