The Central Bank of Sri Lanka has started a special awareness campaign called “Anti-Pyramid National Awareness Week” from ...

The scheme involves asking consumers to invest in a non-existent e-scooter company, promising returns as scooters are rented out.

Michael Sims Shannon and Juan Carlos Reynoso charges with wire fraud and money laundering operating a forex investment ponzi ...

Federal prosecutors have indicted two men concerning a massive cryptocurrency investment fraud scheme that defrauded victims out of more than $650 million. Unsealed in the District of Puerto Rico, the ...

Sims and Reynoso allegedly lured thousands of victims worldwide to purchase "investment packages" from OmegaPro using cryptocurrency.

Alabama state Rep. Benjamin Harrison, R-Elkmont, received $22,500. Alabama State School Board member Allen Long, R-Florence, ...

Two men with connections to Florida are at the center of a sweeping federal indictment unsealed last week in Puerto Rico, accused of orchestrating a massive international fraud scheme that stole more ...

William "Bill" Ackman, founder and chief executive officer of Pershing Square Capital Management LP, pauses while speaking during a presentation in New York, U.S., on Thursday, Dec. 20, 2012.

This is the signature of a pyramid scheme operation. Are you being pressured to join? If you're experiencing high-pressure sales tactics to get involved with the opportunity, consider that a red flag.

Punakha—An alarming number of Bhutanese citizens, many of them students, and workers in Australia, say they have lost their savings to a scheme marketed as a business opportunity with global ...