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 ...

Bentley University is facing a lawsuit from a former student-athlete who claims he was wrongfully expelled from the school weeks before graduating after being caught up in a student pyramid scheme.

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 ...

CAPE GIRARDEAU, Mo. (KFVS) - A lot of people sell a product out of their home to make some extra money, maybe makeup or a weightloss supplement. It’s called multi-level marketing, and even though it’s ...

WICHITA, Kan. (KWCH) - The Better Business Bureau is warning against a pyramid scheme operating under the appearance of a legitimate. The BBB said Lightning Shared Scooter Company LLC has been taking ...