The Federal Trade Commission is sending more than $10.9 million to consumers harmed by a phony credit repair operation.

More than $10.9 million is being sent to consumers harmed by an organization that promised to repair their credit, the ...

A nationwide credit repair service has been temporarily shut down by a judge after the Federal Trade Commission accused it of being a giant pyramid scheme that preyed on people whose finances had been ...

Scammers want you to believe they're offering you a legitimate money-making opportunity. Seniors are seen as prime targets due to the potential that they have money saved for retirement. If an ...

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 ...

Pyramid-style fraud schemes affected nearly 1,900 people across Morocco, as authorities move to contain a form of financial deception ...

BANGKOK (Reuters) - Thai police have arrested 18 people and seized luxury goods after receiving nearly 5,600 complaints about an alleged pyramid scheme, saying on Monday they estimate investors have ...

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 ...