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

CAPE GIRARDEAU, Mo. (KFVS) - A lot of people sell a product out of their home to make some extra money, maybe makeup or a weightloss supplement. It’s called multi-level marketing, and even though it’s ...

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, ...

When 23-year-old college graduate Julie was invited to a “girls night party” where the guests were told by a woman named Shawna from a company called Pure Romance that they could make big bucks ...

“Wanna swim in cash?” The first season of the podcast “The Dream” starts by asking the listener this question. This is the ploy many people who sell the fantasy of wealth for a multi-level marketing ...

A regional trade body has warned Kenyans against buying into multi-level marketing firm Crowd1, saying it has all the hallmarks of a pyramid scheme. The Common Market for Eastern and Southern Africa ...

LaShonda Moore and Marlon Moore of Frisco, Texas, were convicted in federal court of running an illegal pyramid scheme that ...

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

Multi-level marketing (MLM) is a large industry in the United States made up of independent salespeople that sell both products and the opportunity to join the business. The increasingly predatory ...

“People ask what do I do. I said, ‘I build pyramids, man.’” “Is this one of those pyramid things? Hell, yeah it is. If it wasn’t, I wouldn’t be doing it. Do I look dumb enough to go get a job again?” ...