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 ...
Both Ponzi and pyramid schemes have been reinvented over the years, but at the core of each is essentially the same devious deceit-paying new investors with money from old investors.
Conspiracy theories have a lot in common with multi-level marketing schemes, in the sense that all of the worst people you know from high school post about them on Facebook and try to get other people ...
You might have seen the famous pink Cadillac driven by successful Mary Kay salespeople. Or, maybe you noticed someone on your Instagram feed showing off their Herbalife swag along side images of their ...
KANSAS CITY, Mo. (KCTV) - The founders of a supposed marketing company that was revealed to be an illegal pyramid scheme that swindled $23.5 million from members have been sentenced to prison. The U.S ...
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 ...
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 ...
Each time there's a recession, recruitment efforts ratchet up for multilevel marketers, often targeting the newly unemployed or underemployed. I was reminded of that when a former co-worker posted on ...
Colombo Fort Magistrate Isuru Nethikumara on Wednesday (29) ordered the re-remand of seven suspects, including the Managing ...
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