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

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

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 ...

Most Americans have been aware for some time that multi-level marketing schemes are bad — either through recent books or documentaries like LuLaRich. But did you know exactly how bad? Bridget Read, ...

CAPE GIRARDEAU, Mo. (KFVS) - A lot of people sell a product out of their home to make some extra money, maybe makeup or a weightloss supplement. It’s called multi-level marketing, and even though it’s ...

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

CHICAGO (Legal Newsline) – Illinois Attorney General Lisa Madigan announced a multi-state and federal settlement on Tuesday to resolve allegations that the Kentucky-based Fortune Hi-Tech Marketing ...

Russian organizers of financial pyramid schemes are now often pretending to be brokers offering victims to earn money on investments in crypto and traditional ...