Critics of multilevel marketing businesses like Amway and Herbalife make bold claims. Bill Ackman, an institutional ...

What Is a Pyramid ... Smithsonian Magazine. "In Ponzi We Trust." U.S. Securities and Exchange Commission. "SEC Charges Brothers Jonathan and Tanner Adam with $60 Million Ponzi Scheme." ...

Legally, that's our precedent for a pyramid scheme. So when you look into the company itself, Mytinger & Casselberry, which eventually was neutralized and then was bought by Amway.

The Nation Magazine. Mytinger and Casselberry’s plan smuggled the mechanics of the Ponzi scheme, by then a well-known financial scam, into the occupation of door-to-door selling.

Bridget Read is a features writer at New York magazine and the author of Little Bosses Everywhere: How the Pyramid Scheme Shaped America. The Road to DOGE Was Paved With Pyramid Schemes The Road ...

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 ...

A receiver's court-filed report on a company linked to Brad Carlson claims that the business was running a pyramid scheme. The receiver has accused Carlson of misusing customer money at his ...

DEAR HARRIETTE: I think one of my friends might be working for a pyramid scheme. Related Articles Harriette Cole: My mom and I are offended by the birthday party snub Harriette Cole: I feel like ...