A Ponzi scheme is a type of financial fraud ... by companies inviting you to sell products through multilevel or network marketing models. These offers may have attractive terms, such as choosing ...

Multi-level marketing (MLM), also known as direct marketing or network marketing ... Commission (FTC), “if an MLM is not a pyramid scheme, it will pay you based on your sales to retail customers ...

A Brazilian court has reportedly sentenced Joel Ferreira de Souza, the lead launderer behind the Braiscompany cryptocurrency Ponzi scheme ... using seemingly slick marketing and fabricated ...

alleging he ran a “Ponzi-like scheme” that defrauded investors of nearly $200 million — and spent $57 million of customer money on Lamborghinis, real estate and luxury goods. Ramil Palafox ...

MMM was founded by a Russian, Sergei Mavrodi. Using the tag line of “social financial network” aimed at “providing help,” the Ponzi scheme promised a 30 per cent monthly return to investors.

Marketing materials and online ads highlight fabricated success stories to mask the fact that payouts to existing members come from the funds of new recruits. Many Ponzi schemes register as ...

Excessive marketing and influencer hype Ponzi operations often saturate social media with flashy endorsements and sponsored posts while avoiding coverage in reputable financial publications.