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 ...

MBABANE — Investigations by FSRA have revealed that Status Capital Building Society was, in fact, operated as a pyramid and ...

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 ...

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

AUSTIN (KXAN) – The Texas Attorney General’s Office (OAG) said Wednesday it secured a $10.76 million “Final Judgment and Permanent Injunction” against a Texas couple and business it said operated an ...

The Securities and Exchange Commission said on Monday it charged 11 people for their roles in creating and promoting a fraudulent crypto pyramid and Ponzi scheme that raised over $300 million from ...

What is a Ponzi scheme? The fraudulent investment program known as a Ponzi scheme entices investors with the promise of extremely high profits. The Ponzi scheme is named after Charles Ponzi, who ...

U.S. regulators are seizing their moment during this ongoing crypto bear market to crack down on bad actors in the space as many investors are already souring on the asset class. The U.S. Securities ...

Have you ever been approached for a “business opportunity” that promises you’ll earn a ton of money from your home? This is a subtle warning that someone may be attempting to recruit you as part of a ...

Forex is not a pyramid scheme. Forex trading is a legitimate global market where currencies are bought and sold based on supply and demand, and it operates through decentralized exchanges, banks, and ...

SACRAMENTO, Calif. -- It was called Women Helping Women. But investigators say it operated more like Women Helping Themselves to Other Women's Money. The network was allegedly a $12 million pyramid ...