What Is a Pyramid Scheme? A pyramid scheme is a fraudulent investment where participants make money primarily by recruiting new investors rather than from legitimate businesses. Technology and ...

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 ...

Forex is not a pyramid scheme. Forex trading is a legitimate global market where currencies are bought and sold based on supply and demand, and it operates through decentralized exchanges ...

KANSAS CITY, Mo. (KCTV) - 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.

The win attracted attention from across the industry, as it was the first time since the 1970s that a direct-selling company defeated the FTC’s pyramid scheme claims in a court trial.

The US Securities and Exchange Commission yesterday filed a lawsuit against 11 people accused of creating and promoting a crypto pyramid and Ponzi scheme known as "Forsage." The fraudulent scheme ...

Elon Musk and Tesla Inc. won dismissal of a lawsuit claiming they pumped up the price of the cryptocurrency Dogecoin into a $258 billion “pyramid scheme.” Investors who lost tens of thousands ...