Head of Fair Trading and Product Safety Investigations, Simon Pope, says the Commission's received two reported concerns about the scheme, which operates here and overseas. The commission'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 ...

The Federal Trade Commission is sending more than $10.9 million to consumers harmed by a phony credit repair operation.

An investigation has been launched into a Christchurch business suspected of operating a pyramid scheme promising quick ...

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 ...

Pyramid-style fraud schemes affected nearly 1,900 people across Morocco, as authorities move to contain a form of financial deception ...

Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply coupons, using the money from new investors to pay returns to earlier ...