Three individuals were sentenced to prison for their roles in running a fraudulent pyramid scheme that left thousands of victims with over $23 million in losses. The scheme, known as “8 Figure ...

This content was originally created for audio. An auto-generated transcript is available on Apple Podcasts. Heads up that some elements (i.e. music, sound effects, tone) are harder to translate to ...

Billionaire hedge fund manager William Ackman has also accused Herbalife of being a pyramid scheme. He said in December 2012 that his firm, Pershing Square Capital Management LP, had made a $1 ...

The founders of a supposed marketing company that was revealed to be an illegal pyramid scheme that swindled $23.5 million from members have been sentenced to prison.

In the United Kingdom in 2008 and 2009, a £21 million pyramid scheme named ‘Give and Take’ involved at least 10,000 victims in the south-west of England and South Wales. Leaders of the scheme ...

A court this month sentenced two people to life imprisonment for fraud in a pyramid scheme involving 15.6 billion yuan (1.75 billion pounds) that sucked in more than 200,000 people.

Q&A Litigators of the Week: Foley Fends Off FTC's Pyramid Scheme Claims for Neora Foley partners Ed Burbach, Craig Florence and Michelle Ku represented Neora in a bench trial in Dallas that ...

Bosnia’s Pyramid Scheme 1 minute read Kathleen Kingsbury April 23, 2006 12:00 AM EDT ...

DEAR HARRIETTE: I think one of my friends might be working for a pyramid scheme. I can’t be sure, but he basically plays the role of a financial adviser and “helps” people invest their money.