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 ...

AUSTIN (KXAN) – The Texas Attorney General’s Office (OAG) said Wednesday it secured a $10.76 million “Final Judgment and Permanent Injunction” against a Texas couple and business it said operated an ...

The Securities and Exchange Commission said on Monday it charged 11 people for their roles in creating and promoting a fraudulent crypto pyramid and Ponzi scheme that raised over $300 million from ...

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 ...

What is a Ponzi scheme? The fraudulent investment program known as a Ponzi scheme entices investors with the promise of extremely high profits. The Ponzi scheme is named after Charles Ponzi, who ...

U.S. regulators are seizing their moment during this ongoing crypto bear market to crack down on bad actors in the space as many investors are already souring on the asset class. The U.S. Securities ...

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 ...

People have strong, often negative, feelings about corporate America. Some think it’s a scam, and others dislike that they've had no choice but to devote much of their lives to it. One woman falls ...

SACRAMENTO, Calif. -- It was called Women Helping Women. But investigators say it operated more like Women Helping Themselves to Other Women's Money. The network was allegedly a $12 million pyramid ...

Forex is not a pyramid scheme. Forex trading is a legitimate global market where currencies are bought and sold based on supply and demand, and it operates through decentralized exchanges, banks, and ...

The Government of New Zealand has previously funded Branislav Hock's research on pyramid schemes but not directly related to this article. The Government of New Zealand has previously funded research ...