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, ...

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 ...

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

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

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

Scammers want you to believe they're offering you a legitimate money-making opportunity. Seniors are seen as prime targets due to the potential that they have money saved for retirement. If an ...

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

The North Texas couple behind a multimillion-dollar pyramid scheme who targeted the African-American community has been found guilty by a federal jury in Sherman. LaShonda and Marlon Moore were each ...

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 ...

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 ...