Investopedia explains pyramid schemes, how they work, their different forms, and how people can avoid these fraudulent money ...

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

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

A federal jury convicted a Frisco couple of conspiracy, wire fraud, and money laundering in a $25 million pyramid scheme tied ...

A federal jury in Texas has convicted LaShonda and Marlon Moore, the couple behind Blessings in No Time, for running a ...

The Better Business Bureau (BBB) has issued a warning about Lightning Shared Scooter Company LLC (LSSC), which the consumer protection group alleges is operating as a pyramid scheme. LSSC has been ...

The Better Business Bureau is warning of a pyramid scheme that promises easy money via a “Blessing Loom.” According to the BBB, victims of the scam receive direct messages through social media – most ...

A Texas couple who used reality TV fame and religious language to pitch a "blessing" circle during the height of the COVID-19 ...

Connie Ferguson has been dubbed the "face of pyramid schemes" by the online community after fraudsters used her likeness to ...

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 ...

A 13-year search for justice by close to 40,000 victims of the country’s biggest pyramid scheme scam yesterday ended in yet another heartbreak.