Russians sent crypto to 4,600 fraudster-held crypto wallets in 2025. Most pyramid scheme operators now use crypto, Moscow ...

BANGKOK (Reuters) - Thai police have arrested 18 people and seized luxury goods after receiving nearly 5,600 complaints about an alleged pyramid scheme, saying on Monday they estimate investors have ...

Three masterminds of a pyramid scheme were sentenced for founding and operating the scam that cost investors 23 million dollars. The trio was named Alex Dee, of Texas, Brian Kaplan, of Colorado, and ...

The commission says its current view is that the scheme under investigation may not meet the legal definition of a pyramid scheme, but it is continuing to assess how it operates and whether it could ...

Patrick Nzabonimana, a victim of the scheme, said he learned about OCP through a workmate who had already joined the scheme. ...

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 ...

The Better Business Bureau is warning of a pyramid scheme that promises easy money via a “Blessing Loom.” According to the BBB, victims of the scam receive direct messages through social media – most ...

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 ...