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.

2005: A Tribute is also a benefit show and fundraiser for the Grand Rapids Trans Foundation, a nonprofit selected by ...

Many people still fall for new forms of network marketing, multi-level marketing (MLMs) and other organizations that, despite ...

Securities regulators Wednesday worked to halt a pyramid scheme they said is being operated by people outside the U.S. and promoted on social media, promising unrealistic returns to investors. The ...

Ponzi schemes pay out early investors with money from later investors. They differ from pyramid schemes in that Ponzi schemes are presented as investments with large returns, rather than business ...

I have also been told of polygraph machines, that is, lie detector machines, being used in franchise interviews, and of large ...