Russian organizers of financial pyramid schemes are now often pretending to be brokers offering victims to earn money on investments in crypto and traditional assets. Sberbank, Russia’s largest ...

A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of ...

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 ...

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

Kenyans protest after being conned by pyramid schemes. After waiting for years, the High Court on Thursday dashed the hopes of victims of multi-billion shilling pyramid schemes to recover their money.

New York State Attorney General Letitia James is suing a pair of cryptocurrency trading companies, accusing them of running illegal pyramid schemes that defrauded hundreds of thousands of investors — ...

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 ...

Australian money manager John Hempton has called the battle between investor Bill Ackman and nutritional-supplement company Herbalife “hedge-fund porn.” There is indeed something vaguely obscene about ...