Have you ever heard of someone who claimed to make a lot of money by investing in a new cryptocurrency or a trading program that promised high returns? Did they also tell you that you could join them ...
Conspiracy theories have a lot in common with multi-level marketing schemes, in the sense that all of the worst people you know from high school post about them on Facebook and try to get other people ...
Both Ponzi and pyramid schemes have been reinvented over the years, but at the core of each is essentially the same devious deceit-paying new investors with money from old investors.
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 ...
You might have seen the famous pink Cadillac driven by successful Mary Kay salespeople. Or, maybe you noticed someone on your Instagram feed showing off their Herbalife swag along side images of their ...
Ponzi schemes pay out early investors with money from later investors. They differ from pyramid schemes in that Ponzi schemes are presented as investments with large returns, rather than business ...
The Government of New Zealand has previously funded Branislav Hock's research on pyramid schemes but not directly related to this article. The Government of New Zealand has previously funded research ...
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 ...
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, banks, and ...
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