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

Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

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 FINANCIAL — An indictment was unsealed yesterday charging a U.S. citizen residing in Canada for orchestrating a multimillion-dollar pyramid scheme under the name 8 Figure Dream Lifestyle LLC (8FDL ...