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

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

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 ...

Amway’s business model relies heavily on continuous recruitment rather than product sales. New members are drawn in with ...

BEIJING (Reuters) - The death of a young Chinese university graduate who fell victim to a pyramid scheme on a job-seeking website has made national headlines and sparked an outpouring of sympathy and ...

The sharp decline in Herbalife’s stock price (NYSE:HLF) to multi-year lows and Pershing Square’s Bill Ackman gasconading his “psychological short” bet against the shares triggered mixed reactions from ...