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

“I’m looking for people to participate in a huge book exchange. You can be anywhere in the world. All you have to do is buy your favorite book (just one) and send it to a stranger (I’ll send you their ...

GRAND RAPIDS, Mich — A twist on a pyramid scheme has once again been making the rounds on social media in West Michigan. Posts calling for people to join a "book exchange" are really a scam. The post, ...

TUCSON (KVOA) - There's a book exchange post making its way across social media offering the chance to receive dozens of books in the mail. The Better Business Bureau warns to think twice before you ...

Many avid readers may have noticed a social media post circulating about a book exchange with other book lovers from around the world. The post advertises sending one book and, in return. receiving ...

A gripping new documentary miniseries is bringing attention to multilevel marketing platforms. "LuLaRich," available on Amazon Prime, chronicles the story of LuLaRoe, a clothing empire famous for its ...

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 ...

Most Americans have been aware for some time that multi-level marketing schemes are bad — either through recent books or documentaries like LuLaRich. But did you know exactly how bad? Bridget Read, ...

A gripping new documentary miniseries is bringing attention to multilevel marketing platforms. "LuLaRich," available on Amazon Prime, chronicles the story of LuLaRoe, a clothing empire famous for its ...