While former MTI CEO Johann Steynberg has reportedly died while under house arrest in Brazil, his associates in South Africa ...

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 ...

When 23-year-old college graduate Julie was invited to a “girls night party” where the guests were told by a woman named Shawna from a company called Pure Romance that they could make big bucks ...

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 ...

An Idaho man, Shawn Cutting, is facing multiple charges for allegedly defrauding elderly investors through a Ponzi ...

Securities regulators Wednesday worked to halt a pyramid scheme they said is being operated by people outside the U.S. and promoted on social media, promising unrealistic returns to investors. The ...

Market regulator Securities and Exchange Board of India (SEBI) has barred Citrus Check Inns Ltd and its four directors, ...

Fraudsters, in accordance with a new method of deception developed by them, lure Russians into a financial pyramid by ...

The enactment of the Investment and Securities Act (ISA) 2025 is not just an avenue to sanitise the financial sector but it may also be the beginning of sanity in the ever growing ponzi scheme circle ...