In the world of multilevel marketing (MLM) the only “sales” that are recorded are the purchases made by each seller, ...

A Texas pyramid scheme conviction has exposed the full scope of the ‘Blessings in No Time’ operation after a federal jury found a North Texas couple guilty of running a […] ...

Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

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 ...

Connie Ferguson has been dubbed the "face of pyramid schemes" by the online community after fraudsters used her likeness to promote bogus investment opportunities.

The Madoff scam in the USA is thought to have cost people up to £50 billion, and there’s talk of similar schemes having been operated in the UK. Yet I’ve read a lot of confusion about what’s happened.