What is a Ponzi scheme? The fraudulent investment program known as a Ponzi scheme entices investors with the promise of extremely high profits. The Ponzi scheme is named after Charles Ponzi, who ...

Unmasking the blessing scam! Is it just a pyramid scheme in disguise? Get the financial analysis of these 'get rich quick' ...

Consumers are under a lot of financial strain. The World Economic Forum reports that the cost-of-living crisis is affecting people across the globe. With food and fuel prices rising, it’s becoming ...

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 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 ...

The websites advertise you can "be your own boss" and "work from anywhere" because it's the "perfect side hustle…to build a rock-solid residual income." Multi-level marketing is a billion-dollar ...

Mention the words pyramid scheme to Johnson Kivuti and his features suddenly begin to crumple with tears forming in his eyes. And then, just as quickly, the anger follows. It is hard, almost ...