One of the founders of the notorious crypto pyramid scheme Finiko, Russia’s largest in recent years, has been deported by the United Arab Emirates (UAE). Thousands of victims in the post-Soviet space ...

Knowing what to look for allows you to avoid joining a pyramid scheme. Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply coupons ...

The Secret Sister gift exchange may look festive, but it's an illegal pyramid scheme that resurfaces every holiday season.

The Supreme Court has overturned a lower court’s acquittal of a mid-level recruiter involved in the “Renbel Capital case,” a ...

A new wave of Ponzi-style pyramid scams is sweeping across Himachal Pradesh, with fraudsters promising extraordinary investment returns and hefty referral bonuses to deceive unsuspecting residents.

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 ...