Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply coupons, using the money from new investors to pay returns to earlier ...

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 ...

Not every side hustle is what it appears to be. You might come across some that look like simple ways to make extra money, but are actually designed to take money from you. They often use words like ...

You might have seen the famous pink Cadillac driven by successful Mary Kay salespeople. Or, maybe you noticed someone on your Instagram feed showing off their Herbalife swag along side images of their ...

Let’s say we invite you to invest £1,000 in our new and brilliant business. We promise you an impressive return on your money, and all we ask is that you persuade a few of your friends to invest the ...

A surge in fraudsters setting up so-called ‘pyramid’ investment schemes has prompted Bahrain authorities to ban the practice, it was reported on Wednesday. The country’s Industry and Commerce Ministry ...

Multilevel marketing (MLM) can provide an opportunity to start a business, but not all of them are legitimate. Here is how to ...

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.