A federal jury has convicted a Prosper couple of running a $25 million pyramid scheme during the COVID-19 pandemic that ...

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

A North Texas reality couple who were featured on Family or Fiancé were convicted Friday in connection with a multi-million ...

A federal jury convicted a Frisco couple of conspiracy, wire fraud, and money laundering in a $25 million pyramid scheme tied ...

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

LaShonda and Marlon Moore were each convicted of one count of conspiracy to commit wire fraud, five counts of wire fraud and ...

A gripping new documentary miniseries is bringing attention to multilevel marketing platforms. "LuLaRich," available on Amazon Prime, chronicles the story of LuLaRoe, a clothing empire famous for its ...

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 ...

Scammers want you to believe they're offering you a legitimate money-making opportunity. Seniors are seen as prime targets due to the potential that they have money saved for retirement. If an ...

Please enable JavaScript to read this content. A 13-year search for justice by close to 40,000 victims of the country’s biggest pyramid scheme scam yesterday ended ...