The controversial real estate developer Nordis, operating in some of Romania’s prime residential and commercial areas, ...

In reality, the business was a scam that primarily relied on recruiting new members, making it a textbook pyramid scheme. The scheme ran from January 2017 to March 2019. The three individuals ...

Kaplan and his colleagues ran 8 Figure Dream Lifestyle from January ... Incidentally, the trio had also started a second pyramid scheme named Online Entrepreneur Academy in November 2018.

Get-rich-quick schemes that rely on pyramid donations are to be outlawed, ministers have announced. People are offered handsome returns on gifts that can run in to thousands of pounds. But the ...

A Ponzi scheme is similar to a pyramid scheme in that both use new investors' funds to pay earlier backers. A pyramid scheme usually relies on rewarding early participants to recruit more ...

Five years after their 'Blessings in No Time' pyramid scheme, the reality TV couple is facing the consequences.

As a result, TelexFree was accused of operating as a classic pyramid scheme - by paying earlier investors not through ongoing operations but from funds from new investors. Despite the ...