Both Ponzi and pyramid schemes have been reinvented over the years, but at the core of each is essentially the same devious deceit-paying new investors with money from old investors.
The MarketWatch News Department was not involved in the creation of this content. MONTRÉAL, Sept. 26, 2025 /CNW/ - The Autorité des marchés financiers (AMF) is warning Quebeckers about solicitations ...
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 ...
What seemed like a too-good-to-be-true opportunity in micromobility has turned into a cautionary tale. The Lightning Shared Scooter Company (LSSC) lured investors with promises of leasing scooters in ...
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 ...
Multilevel marketing (MLM) programs are a legitimate way of selling products – think Amway, Tupperware and Mary Kay. They become illegal pyramid schemes when the emphasis is on recruiting new ...
To defend and burnish Tulsi Gabbard’s image as her political star was rising, her congressional campaign hired a public-affairs firm in 2017 that tried to suppress coverage of an alleged pyramid ...
Australian money manager John Hempton has called the battle between investor Bill Ackman and nutritional-supplement company Herbalife “hedge-fund porn.” There is indeed something vaguely obscene about ...
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