A Ponzi scheme is a type of financial fraud in which the "success" of the entity is propped up by paying returns to initial investors from the money invested by subsequent investors. A pyramid scheme ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. The Paparazzi Jewelry company has agreed to pay $1.9 million and change the way they do business after the Washington State ...

New York Attorney General Letitia James has filed suit against two purported crypto companies and their top promoters, a married couple, for allegedly operating two consecutive pyramid schemes that ...

SACRAMENTO, Calif. -- It was called Women Helping Women. But investigators say it operated more like Women Helping Themselves to Other Women's Money. The network was allegedly a $12 million pyramid ...

A federal jury in Texas has convicted LaShonda and Marlon Moore, the couple behind “Blessings in No Time,” for running a multi-million-dollar pyramid scheme during the COVID-19 pandemic. The pair ...

People have strong, often negative, feelings about corporate America. Some think it’s a scam, and others dislike that they've had no choice but to devote much of their lives to it. One woman falls ...