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 ...

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 ...

Residents were warned by police to be wary of a growing number of scams designed to look like investment opportunities. A Bermuda Police Service spokesman said the public should be "alert to ...

Not every side hustle is what it appears to be. You might come across some that look like simple ways to make extra money, but are actually designed to take money from you. They often use words like ...

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 ...

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 ...

a pyramid scheme in the hands of a fraudster. Fans of the old horror movie Poltergeist 2 remember the classic line "They're back" and so it is with the classic Secret Sister scam which returns each ...

During 1996-97, Albania was convulsed by the dramatic rise and collapse of several huge financial pyramid schemes. This article discusses the crisis and the steps other countries can take to prevent ...

The sharp decline in Herbalife’s stock price (NYSE:HLF) to multi-year lows and Pershing Square’s Bill Ackman gasconading his “psychological short” bet against the shares triggered mixed reactions from ...

A surge in fraudsters setting up so-called ‘pyramid’ investment schemes has prompted Bahrain authorities to ban the practice, it was reported on Wednesday. The country’s Industry and Commerce Ministry ...