Unmasking the blessing scam! Is it just a pyramid scheme in disguise? Get the financial analysis of these 'get rich quick' ...

A couple months ago, I was introduced into the world of blessing looms and detailed how this one specific blessing loom was an illegal pyramid scheme. Unfortunately, these schemes have been on 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 ...

The Better Business Bureau (BBB) has issued a warning about Lightning Shared Scooter Company LLC (LSSC), which the consumer protection group alleges is operating as a pyramid scheme. LSSC has been ...

In case you don't know, BuzzFeed has a daily word game called Pyramid Scheme. BuzzFeed It's a daily puzzle with 15 letters, and you have to connect the letters to make words where every letter is used ...

Australian money manager John Hempton has called the battle between investor Bill Ackman and nutritional-supplement company Herbalife “hedge-fund porn.” There is indeed something vaguely obscene about ...

A $300M crypto scandal in Spain explodes into politics, exposing hidden links between this latest scheme and a far right ...

Ponzi schemes pay out early investors with money from later investors. They differ from pyramid schemes in that Ponzi schemes are presented as investments with large returns, rather than business ...

SCRANTON – The Attorney General’s Insurance Fraud Section filed criminal charges Tuesday against Brian J. Murray, the local CEO, chairman, and principle of the bankrupt Murray Insurance Agency; his ...

A Chinese woman who was found with 5 billion pounds ($6.6 billion) in Bitcoin after defrauding more than 128,000 people in China in a Ponzi scheme was sentenced by a UK court on Tuesday to over 11 ...