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

Russian organizers of financial pyramid schemes are now often pretending to be brokers offering victims to earn money on ...

With increased digital opportunities today, it would appear that financial opportunities are endless-not all of them offering real profits. Among the oldest and most deceiving scams are Ponzi and ...

India's cryptocurrency space has seen mad growth and shocking fraud in recent times. While blockchain is the promise of decentralization and transparency, it has also been a rich breeding ground for ...

The Commerce Commission is urging consumers to be wary of opportunities that seem too good to be true, after two individuals pleaded guilty in the Manukau District Court to charges related to the ...

Consumers are under a lot of financial strain. The World Economic Forum reports that the cost-of-living crisis is affecting people across the globe. With food and fuel prices rising, it’s becoming ...

GUANGZHOU,China -- Amid fierce competition for shoppers' clicks and cash, smartphone-based pyramid schemes are proliferating in China as companies vie to lure customers to virtual shopping malls. With ...

People are being warned to watch out for so-called 'pyramid' schemes as unemployment continues to surge in the wake of a second coronavirus outbreak. In the past 12 months, Brits have lost almost ...

As the time-tested proverb goes, “wealth gained hastily will dwindle, but wealth accumulated through diligence will endure”, it is a well-established reality that financial prosperity cannot be ...

Police investigate a pyramid scheme in Dayang town of Hefei, capital of Anhui province in this file photos. [Photo/China Daily] It is tragic that three energetic college students eager to find jobs to ...