Have you ever heard of someone who claimed to make a lot of money by investing in a new cryptocurrency or a trading program that promised high returns? Did they also tell you that you could join them ...

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 ...

The FINANCIAL — An indictment was unsealed yesterday charging a U.S. citizen residing in Canada for orchestrating a multimillion-dollar pyramid scheme under the name 8 Figure Dream Lifestyle LLC (8FDL ...

Tupperware is among the best-known American multi-level marketing schemes, which promise big pay-outs but often leave their adherents bankrupt. A new book details how the industry came to dominate so ...

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 ...

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.

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 Fort Collins man determined to be one of three founding members of a nation-wide pyramid scheme that took more than $23 million from its investors was sentenced recently to prison time and millions ...

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 ...