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

What is a Ponzi scheme? The fraudulent investment program known as a Ponzi scheme entices investors with the promise of extremely high profits. The Ponzi scheme is named after Charles Ponzi, who ...

Consumers are under a lot of financial strain. The World Economic Forum reports that the cost-of-living crisis is affecting people across the globe. With food and fuel prices rising, it’s becoming ...

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 ...

The Better Business Bureau is warning of a pyramid scheme that promises easy money via a “Blessing Loom.” According to the BBB, victims of the scam receive direct messages through social media – most ...

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 ...

a pyramid scheme in the hands of a fraudster. Fans of the old horror movie Poltergeist 2 remember the classic line "They're back" and so it is with the classic Secret Sister scam which returns each ...

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 ...