Investopedia explains pyramid schemes, how they work, their different forms, and how people can avoid these fraudulent money ...

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 ...

Heather Massey is the Regional Director of the Better Business Bureau in the Permian Basin. Check out www.bbb.org or call 563-1880. It’s a scam that almost seems as old as the ancient structures in ...

What is a Ponzi scheme? The fraudulent investment program known as a Ponzi scheme entices investors with the promise of extremely high profits. The Ponzi scheme is named after Charles Ponzi, who ...

When 23-year-old college graduate Julie was invited to a “girls night party” where the guests were told by a woman named Shawna from a company called Pure Romance that they could make big bucks ...

Founded in 2001, Fortune Hi-Tech Marketing was a Lexington, Kentucky-based company that used a multi-level marketing approach to sell consumer goods and services. However, in 2013 the Federal Trade ...

CAPE GIRARDEAU, Mo. (KFVS) - A lot of people sell a product out of their home to make some extra money, maybe makeup or a weightloss supplement. It’s called multi-level marketing, and even though it’s ...

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 ...

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 ...