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 ...

Add Yahoo as a preferred source to see more of our stories on Google. The Better Business Bureau (BBB) has issued a warning about Lightning Shared Scooter Company LLC (LSSC), which the consumer ...

Financial authorities in Kazakhstan have seized more than a million Tether from a large Ponzi scheme that converted its proceeds into cryptocurrency. The organizers lured investors online with ...

CAPE GIRARDEAU, Mo. (KFVS) - A lot of people sell a product out of their home to make some extra money, maybe makeup or a weightloss supplement. It’s called multi-level marketing, and even though it’s ...

William "Bill" Ackman, founder and chief executive officer of Pershing Square Capital Management LP, pauses while speaking during a presentation in New York, U.S., on Thursday, Dec. 20, 2012.

BEIJING (Reuters) - A Chinese court jailed on Wednesday the founder of a local traditional Chinese medicine firm for running a pyramid scheme, after the death of a young girl with cancer was linked to ...

The Federal Trade Commission is sending more than $10.9 million to consumers harmed by a phony credit repair operation.

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 (BBB) has issued a warning about Lightning Shared Scooter Company LLC (LSSC), which the consumer protection group alleges is operating as a pyramid scheme. LSSC has been ...