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

Have you ever been approached for a “business opportunity” that promises you’ll earn a ton of money from your home? This is a subtle warning that someone may be attempting to recruit you as part of a ...

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 ...

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 ...

BISHKEK -- A doomed pyramid scheme has again fooled hundreds of people into thinking they could earn unreasonably high profits very easily. Several people have been arrested in connection with what ...

a pyramid scheme in the hands of a fraudster. Fans of the old horror movie Poltergeist 2 remember the classic line "They're back" and so it is with the classic Secret Sister scam which returns each ...