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 ...

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 ...

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Wednesday officially declared Multi-Level Marketing (MLM) schemes, referral marketing, Pyramid and Ponzi Schemes illegal in ...

The Government of New Zealand has previously funded Branislav Hock's research on pyramid schemes but not directly related to this article. The Government of New Zealand has previously funded research ...

Mary Kay isn’t the only pyramid scheme out there that targets stay-at-home wives and mothers looking for quick cash, an emotional support system, and — perhaps most of all — empowerment. Within the ...

The verdict will make influencers more careful with advertising contracts The history of the three pyramid schemes dates back to early 2019, when the alleged mastermind behind the whole operation, ...

When 23-year-old college graduate Julie was invited to a “girls night party” where the guests were told by a woman named Shawna from a company called Pure Romance that they could make big bucks ...

New York Attorney General Letitia James has filed suit against two purported crypto companies and their top promoters, a married couple, for allegedly operating two consecutive pyramid schemes that ...

Text stringer Diane Jeantet, senior cameraman Mario Lobão and photo stringer Bruna Prado, all based in Brazil, traveled to Cabo Frio, a tourist city a couple hours north of Rio de Janeiro which has ...

Last week the U.S. Securities and Exchange Commission (SEC) charged 11 individuals with creating and marketing Forsage, the world’s largest and longest-running smart contract-based pyramid scheme.

This was not what the veteran banker had signed up for. How could he, a veteran with 22 years’ experience, be duped into surrendering all his savings and board a train that would take him to hell?