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

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 ...

Millions of people are looking for ways to earn money, and more people are falling for pyramid schemes. These schemes usually ask you to pay a fee, but promise a big payout if you can recruit other ...

Consumers are under a lot of financial strain. The World Economic Forum reports that the cost-of-living crisis is affecting people across the globe. With food and fuel prices rising, it’s becoming ...

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 Government of New Zealand has previously funded Branislav Hock's research on pyramid schemes but not directly related to this article. The Government of New Zealand has previously funded research ...

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 ...

When Darrin Moret was asked to participate in a business venture that promised him easy money, it seemed like a good deal. But he didn't know was it was a pyramid scheme until it was too late. Host ...

Not every side hustle is what it appears to be. You might come across some that look like simple ways to make extra money, but are actually designed to take money from you. They often use words like ...