Marc Kasowitz, the attorney representing the club, told the Chronicle in a statement that Shvo, "financed" by BVK, has ...

Herbalife seems to have gotten out of its tussle with the FTC and Ackman nigh unscathed. However, the new settlement imposes strict changes which will massively affect profitability. The FTC also has ...

People have strong, often negative, feelings about corporate America. Some think it’s a scam, and others dislike that they've had no choice but to devote much of their lives to it. One woman falls ...

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.

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 ...

Fianna Fáil TD Tony McCormack questioned whether there was 'fraud or serious mismanagement' ahead of the company's collapse, ...

When a wealthy businessman from Tennessee, operating as a subcontractor for the Hanford Nuclear Reservation in Richland, got his first installment of COVID-19 relief funds after the pandemic hit in ...

That operation, called EuroFX, had also promised fat returns on foreign exchange. Chinese law enforcement authorities now say it was a pyramid scheme, which used cash from new investors to pay older ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. An energy company at the center of a $60 ...