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 ...

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 US Securities and Exchange Commission yesterday filed a lawsuit against 11 people accused of creating and promoting a crypto pyramid and Ponzi scheme known as “Forsage.” The fraudulent scheme ...

Add Yahoo as a preferred source to see more of our stories on Google. The Paparazzi Jewelry company has agreed to pay $1.9 million and change the way they do business after the Washington State ...

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 ...

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 ...

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 ...

Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply coupons, using the money from new investors to pay returns to earlier ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. collage of pyramid schemes When 23-year-old college graduate Julie was invited to a “girls night party” where the guests were told ...