The word-of-mouth pyramid scheme asks people to invest in a scooter company and get paid when the vehicles are rented out.

The Central Bank of Sri Lanka has started a special awareness campaign called “Anti-Pyramid National Awareness Week” from ...

The scheme involves asking consumers to invest in a non-existent e-scooter company, promising returns as scooters are rented ...

"LiveGood", which promotes a multi-level marketing company that sells supplements, "resembles a pyramid scheme", the Consumer ...

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MarketsLive faces FTC complaints alleging a $1.2 billion pyramid scheme. Unveiling the fraudulent trading gurus and deceptive financial practices.

Just like pyramid schemes, Ponzi schemes are also doomed to fail. They need to pay higher and higher returns to keep the old investors happy, but eventually, they run out of new money to cover the ...

Two men with connections to Florida are at the center of a sweeping federal indictment unsealed last week in Puerto Rico, accused of orchestrating a massive international fraud scheme that stole more ...

Thousands of people were tricked into joining an illegal pyramid scheme in Texas that targeted African-Americans and lost more than $10 million, according to federal authorities.. LaShonda Moore ...

The pair of cryptocurrency trading companies are accused of running illegal pyramid schemes that defrauded hundreds of thousands of investors — including more than 3,500 from Long Island.