You might have seen the famous pink Cadillac driven by successful Mary Kay salespeople. Or, maybe you noticed someone on your Instagram feed showing off their Herbalife swag along side images of their ...

Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply ...

KANSAS CITY, Mo. (KCTV) - The founders of a supposed marketing company that was revealed to be an illegal pyramid scheme that swindled $23.5 million from members have been sentenced to prison. The U.S ...

Ponzi and pyramid schemes depend on new money and recruitment to survive. These schemes promise returns from new participants, not real economic activity. Bitcoin does not require recruitment or ...

Foley partners Ed Burbach, Craig Florence and Michelle Ku represented Neora in a bench trial in Dallas that resulted in a decision last week completely vindicating Neora's business model. It's every ...

BISHKEK -- A doomed pyramid scheme has again fooled hundreds of people into thinking they could earn unreasonably high profits very easily. Several people have been arrested in connection with what ...

Dallas police Chief Eddie García fired a lieutenant accused of engaging in “gifting circles” that officials said amounted to a pyramid promotional scheme. Lt. Giovanni Wells was terminated during a ...

Elon Musk's well-known support for Dogecoin has landed the billionaire entrepreneur a $248 billion lawsuit from a cryptocurrency investor for allegedly running a pyramid scheme. In a complaint filed ...