Conspiracy theories have a lot in common with multi-level marketing schemes, in the sense that all of the worst people you know from high school post about them on Facebook and try to get other people ...

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.

Elon Musk was hit with a $258 billion lawsuit that alleges the tech mogul and his high-profile companies “are engaged in a crypto pyramid scheme by way of dogecoin cryptocurrency.” In federal court ...

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 ...

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 ...

You might have seen the famous pink Cadillac driven by successful Mary Kay salespeople. Or, maybe you noticed someone on your Instagram feed showing off their Herbalife swag along side images of their ...

When I was very young, my grandfather taught me to play chess. He also told me a story about its invention, supposedly by an obscure, minor official in the court of a famous king in India. The king ...

Forex is not a pyramid scheme. Forex trading is a legitimate global market where currencies are bought and sold based on supply and demand, and it operates through decentralized exchanges, banks, and ...