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

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.

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 ...

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

A gripping new documentary miniseries is bringing attention to multilevel marketing platforms. "LuLaRich," available on Amazon Prime, chronicles the story of LuLaRoe, a clothing empire famous for its ...

The FINANCIAL — An indictment was unsealed yesterday charging a U.S. citizen residing in Canada for orchestrating a multimillion-dollar pyramid scheme under the name 8 Figure Dream Lifestyle LLC (8FDL ...

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 ...

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 ...

Spanish police officers say they have taken apart a Bitcoin (BTC)-themed crypto pyramid scam that duped victims out of around $32.6 million. Per the news agency EFE (via Infobae), police officers said ...

BEIJING (Reuters) - The death of a young Chinese university graduate who fell victim to a pyramid scheme on a job-seeking website has made national headlines and sparked an outpouring of sympathy and ...

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 ...