BANGKOK (Reuters) - Thai police have arrested 18 people and seized luxury goods after receiving nearly 5,600 complaints about an alleged pyramid scheme, saying on Monday they estimate investors have ...

Ponzi and pyramid schemes depend on new money and recruitment to survive. These schemes promise returns from new participants, not real economic activity. Bitcoin does not require recruitment or ...

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 ...

When COVID-19 shut the entire world down, many folks got creative with how they’d make their money. One Dallas couple, known for being on reality TV, took things a little too far, and now, it’s time ...

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 ...

Three masterminds of a pyramid scheme were sentenced for founding and operating the scam that cost investors 23 million dollars. The trio was named Alex Dee, of Texas, Brian Kaplan, of Colorado, and ...

LOUISVILLE, Ky. — A Kentucky man and a North Carolina man were sentenced last week for defrauding investors of millions of dollars in a pyramid scheme, according to the U.S. Attorney's Office for the ...

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 ...

Bentley University is facing a lawsuit from a former student-athlete who claims he was wrongfully expelled from the school weeks before graduating after being caught up in a student pyramid scheme.

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 ...