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.
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 FINANCIAL — An indictment was unsealed yesterday charging a U.S. citizen residing in Canada for orchestrating a multimillion-dollar pyramid scheme under the name 8 Figure Dream Lifestyle LLC (8FDL ...
“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 ...
Mecklenburg County’s one competitive state Senate race has been defined, in part, by the Democratic candidate’s past work in sales for a company that the federal government said was a pyramid scheme.
My mom has been out of work since she married my father. She went from having a good job in her country to being a stay-at-home mom. I am grateful she was there when we were growing up and I think my ...
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 ...
Foley partners Ed Burbach, Craig Florence and Michelle Ku represented Neora in a bench trial in Dallas that resulted in a decision last week completely vindicating Neora's business model. It's every ...
Epic Real Estate Investing identifies three signs you’re investing in a pyramid scheme to avoid. Trump Cuts Millions After ...
EDITORS NOTE: This is part of a series of interviews, conducted via email, profiling dramatic and documentary competition and American Spectrum directors who have films screening at the 2009 Sundance ...