A Ponzi scheme is a type of financial fraud in which the "success" of the entity is propped up by paying returns to initial investors from the money invested by subsequent investors. A pyramid ...

Pyramid of Giza Egypt’s Giza Plateau, home to the iconic Pyramid of Giza—one of the last surviving Seven Wonders of the Ancient World—is undergoing a massive transformation. The decision ...

Video / NZ Herald, AFP A South Auckland trio have been fined for their involvement in a pyramid scheme which targeted the Pasifika community through traditional cash-based gifting. An estimated ...

As the New York magazine journalist Bridget Read documents in her gripping and instructive new history, “Little Bosses Everywhere: How the Pyramid Scheme Shaped America,” they have to be ...

DEAR HARRIETTE: I think one of my friends might be working for a pyramid scheme. Related Articles Harriette Cole: I feel violated even though technically nothing happened Harriette Cole ...

Shadow Scottish secretary Andrew Bowie described high immigration north of the border as a ‘pyramid scheme response’ to an aging population, as working-age migrants become old themselves ...

The Securities Commission is pleading with Bahamians who invested with Creators Alliance to contact it after declaring the venture has “the hallmarks of a pyramid scheme” - a common type of ...

Several Barbadians have again lost thousands of dollars to what some are calling another Ponzi/pyramid scheme. Creative Alliance Caribbean, which had a similar business model to the ill-fated TKY ...

Long before the late Sergei Mavrodi arrived on the Nigerian financial scene in November 2015 with his MMM pyramid scheme, his reputation as an international fraudster preceded him. As far back as ...

Is this the real-life Atlantis? A 90-foot “pyramid” submerged just off the coast of Japan is turning heads — and could shake up everything we thought we knew about ancient civilizations.