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

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 ...

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

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, ...

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 ...

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 ...

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Wednesday officially declared Multi-Level Marketing (MLM) schemes, referral marketing, Pyramid and Ponzi Schemes illegal in ...

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

You might have seen the famous pink Cadillac driven by successful Mary Kay salespeople. Or, maybe you noticed someone on your Instagram feed showing off their Herbalife swag along side images of their ...