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

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

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 ...

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 ...

Have you ever been approached for a “business opportunity” that promises you’ll earn a ton of money from your home? This is a subtle warning that someone may be attempting to recruit you as part of a ...

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 ...

“Wanna swim in cash?” The first season of the podcast “The Dream” starts by asking the listener this question. This is the ploy many people who sell the fantasy of wealth for a multi-level marketing ...

According to classical Marxism, capitalism is destined to collapse on itself because of its supposed inherent contradictions. As it develops, eventually almost the whole population will end up in the ...

The Government of New Zealand has previously funded Branislav Hock's research on pyramid schemes but not directly related to this article. The Government of New Zealand has previously funded research ...

My mom has been out of work since she married my father. She went from having a good job in her country to being a stay-at-home mom. I am grateful she was there when we were growing up and I think my ...