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.

Russian organizers of financial pyramid schemes are now often pretending to be brokers offering victims to earn money on ...

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 ...

In the world of multilevel marketing (MLM) the only “sales” that are recorded are the purchases made by each seller, ...

LaShonda Moore and Marlon Moore of Frisco, Texas, were convicted in federal court of running an illegal pyramid scheme that ...