Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

The Better Business Bureau is warning of a pyramid scheme that promises easy money via a “Blessing Loom.” According to the BBB, victims of the scam receive direct messages through social media – most ...

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 ...

DENVER (KDVR) — Federal officials said a Fort Collins man was one of three people sentenced Monday for founding and operating a Wyoming corporation called “8 Figure Dream Lifestyle” as an illegal ...

The North Texas couple behind a multimillion-dollar pyramid scheme who targeted the African-American community has been found guilty by a federal jury in Sherman. LaShonda and Marlon Moore were each ...

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 ...

Being able to sit in your PJs all day while you work from home with a schedule you set for yourself sounds great, right? Today, there are more and more opportunities to work for a multi-level ...

WICHITA, Kan. (KWCH) - The Better Business Bureau is warning against a pyramid scheme operating under the appearance of a legitimate. The BBB said Lightning Shared Scooter Company LLC has been taking ...

Caleb Hammer interviews a 52 year old business owner. The business owner realized that his company is a pyramid scheme. He also reveals he has $50k+ in debt.

Caleb interviews someone who lost $4000 to a pyramid scheme! Learn about the personal loan, business failure, and financial struggles that led to this debt.