More than 10,000 people were defrauded during the COVID-19 pandemic.

A married couple from Texas has been convicted of masterminding a multimillion-dollar pyramid scheme that promised massive ...

In the world of multilevel marketing (MLM) the only “sales” that are recorded are the purchases made by each seller, ...

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 ...

Thousands of people were tricked into joining an illegal pyramid scheme in Texas that targeted African-Americans and lost more than $10 million, according to federal authorities. LaShonda Moore, 35, ...

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 ...

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

Dallas police Chief Eddie García fired a lieutenant accused of engaging in “gifting circles” that officials said amounted to a pyramid promotional scheme. Lt. Giovanni Wells was terminated during a ...