A federal jury convicted a Frisco couple of conspiracy, wire fraud, and money laundering in a $25 million pyramid scheme tied ...
A Texas couple who used reality TV fame and religious language to pitch a "blessing" circle during the height of the COVID-19 ...
A North Texas reality couple who were featured on Family or Fiancé were convicted Friday in connection with a multi-million ...
A federal jury in Texas has convicted LaShonda and Marlon Moore, the couple behind “Blessings in No Time,” for running a ...
Investopedia explains pyramid schemes, how they work, their different forms, and how people can avoid these fraudulent money ...
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 ...
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 ...
SACRAMENTO, Calif. -- It was called Women Helping Women. But investigators say it operated more like Women Helping Themselves to Other Women's Money. The network was allegedly a $12 million pyramid ...
Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.