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 ...

The couple, LaShonda and Marlon Moore of Frisco, were each convicted of five counts of wire fraud, three money laundering and ...

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

Over the past decade, numerous fraudulent schemes in Nigeria have swindled billions of naira from unsuspecting investors through elaborate pyramid structures. These schemes lure participants with ...

a pyramid scheme in the hands of a fraudster. Fans of the old horror movie Poltergeist 2 remember the classic line "They're back" and so it is with the classic Secret Sister scam which returns each ...

MBABANE — Investigations by FSRA have revealed that Status Capital Building Society was, in fact, operated as a pyramid and ...

Demonstrators gather outside of the Edward A. Garmatz United States District Courthouse in Baltimore, on Friday, March 14, 2025, before a hearing regarding the Department of Government Efficiency's ...