Pyramid-style fraud schemes affected nearly 1,900 people across Morocco, as authorities move to contain a form of financial deception ...

Please enable JavaScript to read this content. Kenyans protest after being conned by pyramid schemes. After waiting for years, the High Court on Thursday dashed the ...

Head of Fair Trading and Product Safety Investigations, Simon Pope, says the Commission's received two reported concerns about the scheme, which operates here and overseas. The commission's ...

Have you ever been approached for a “business opportunity” that promises you’ll earn a ton of money from your home? This is a subtle warning that someone may be attempting to recruit you as part of a ...

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 ...

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 ...

CABO FRIO, Brazil (AP) — In April, Brazil’s federal police stormed the helipad of a seaside hotel in Rio de Janeiro state, where they busted two men and a woman loading a chopper with 7 million reais ...

Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply coupons, using the money from new investors to pay returns to earlier ...