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 ...

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

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

CONSUMER INVESTIGATOR BRIAN ROACH HAS MORE. SO THIS SCAM STARTS WITH A CONVINCING INVITATION. EITHER BY EMAIL OR SOCIAL MEDIA, TO SIGN UP FOR A FUN GIFT EXCHANGE PROGRAM. ALL YOU HAVE TO DO IS PROVIDE ...

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 ...

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 ...