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

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

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 ...

What Is a Ponzi Scheme? Ponzi schemes typically lure in investors by promising high returns with little to no risk. Because initial investors often see high returns at first, early Ponzi schemes often ...

Attorney General Catherine Hanaway is warning Missouri consumers of investment scams that deceive victims into investing money.