LaShonda Moore and Marlon Moore of Frisco, Texas, were convicted in federal court of running an illegal pyramid scheme that ...

CAPE GIRARDEAU, Mo. (KFVS) - A lot of people sell a product out of their home to make some extra money, maybe makeup or a weightloss supplement. It’s called multi-level marketing, and even though it’s ...

Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

A federal jury in Texas has convicted LaShonda and Marlon Moore, the couple behind Blessings in No Time, for running a ...

FRANKFURT (Reuters) - Frankfurt prosecutors on Tuesday said they are investigating two companies based in Hamburg and Frankfurt on suspicion of involvement in a multi-million euro investor fraud ...

Relevant documents: Chapter 7: MLM's ABYSMAL NUMBERS Chapter summary Legal disclaimer FTC Sends Warning Letters to Multi-Level Marketers Regarding Health and Earnings Claims They or Their Participants ...

To evade identification as pyramid schemes, many new variations adopt alternative representations such as circles, flower looms, or mandalas. Instead of calling the entrance fee an initial payment, ...

The Consumer Protection Commission’s chairman yesterday said that - while the agency has received inquiries - there have been no formal complaints about a venture with “hallmarks of a pyramid scheme”.