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

Nepal Police have arrested 11 individuals on charge of being involved in pyramid model online scamming for cheating over Rs ...

The FINANCIAL — An indictment was unsealed yesterday charging a U.S. citizen residing in Canada for orchestrating a multimillion-dollar pyramid scheme under the name 8 Figure Dream Lifestyle LLC (8FDL ...

“People ask what do I do. I said, ‘I build pyramids, man.’” “Is this one of those pyramid things? Hell, yeah it is. If it wasn’t, I wouldn’t be doing it. Do I look dumb enough to go get a job again?” ...

FTC enforcement actions against MLM pyramid schemes can be viewed in eras, with recent years among the most active. The FTC’s first-ever Advance Notice of Proposed Rulemaking (ANPR) regarding ...

Last week the U.S. Securities and Exchange Commission (SEC) charged 11 individuals with creating and marketing Forsage, the world’s largest and longest-running smart contract-based pyramid scheme.

A screen grab of the landing page on Public Likes website. Many Kenyans have had their money locked up after M-Pesa suspended the Public Likes paybill number. The infamous pyramid schemes are back.