An abnormal figure would be a 300 per cent return within one week, as promised by the pyramid scheme Loom. Ponzi schemes Olint and Cash Plus offered their investors up to 120 per cent in annual ...

However, Forsage was actually a pyramid scheme that paid commissions based on multiple levels of recruitments. The U.S. Securities and Exchange Commission charged 11 individuals for their roles in ...

Pyramid schemesfocus on making quick profits that are earned by selling the right to recruit others. The entire purpose of the scheme is to get your money upfront.

These pyramid schemes – often labelled as gifting circles, sou-sou, or blessing looms – are illegal and can lead to significant financial harm for unsuspecting participants.

Pyramid schemes and how to avoid them Pyramid schemes are not new forms of fraud, either globally or in Cambodia. They have been recorded since the 1800s in the US and other countries, with variations ...

Most recently, the Federal Trade Commission (FTC) accused Herbalife of being a pyramid scheme. In July 2016 the company, which develops, markets, and sells nutritional supplements, was hit with a ...

This article is more than 10 years old. Increasingly, the obsession with content marketing looks like a pyramid scheme. It’s great for people who get in at the top and have all the resources.