A 13-year search for justice by close to 40,000 victims of the country’s biggest pyramid scheme scam yesterday ended in yet another heartbreak. After losing billions of shillings to shadowy pyramid ...

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 ...

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 ...

Big names were mentioned in Parliament over the get-rich-quick pyramid schemes that collapsed with Sh34 billion belonging to Kenyans and drove at least 20 people to suicide. The wife of Trade Minister ...

A Stuart man was ordered Feb. 4 to pay more than $1.1 million for being the "master trader" of a fraudulent $100 million cryptocurrency Ponzi scheme, court records show. Joshua Nicholas, 30, was ...

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, ...

What Is a Ponzi Scheme? Ponzi schemes typically lure in investors by promising high returns with little to no risk. Because initial investors often see high returns at first, early Ponzi schemes often ...