Ponzi and pyramid schemes are both forms of financial fraud that share many characteristics. However, there are distinct differences in how they operate.

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 ...

Shares of Herbalife Ltd. fell 32% on Thursday and closed at their lowest in 14 years, leading activist investor Bill Ackman to revive his feud with the nutritional-supplements company. Ackman, who ...

Australian money manager John Hempton has called the battle between investor Bill Ackman and nutritional-supplement company Herbalife “hedge-fund porn.” There is indeed something vaguely obscene about ...

Some people who wanted to improve their lives and careers through coaching found themselves trapped in what they described as a pyramid scheme. Credit...Rose Wong Supported by By Katie Bishop To an ...

A federal jury convicted a Frisco couple of conspiracy, wire fraud, and money laundering in a $25 million pyramid scheme tied ...

New York State Attorney General Letitia James is suing a pair of cryptocurrency trading companies, accusing them of running illegal pyramid schemes that defrauded hundreds of thousands of investors — ...

People have strong, often negative, feelings about corporate America. Some think it’s a scam, and others dislike that they've had no choice but to devote much of their lives to it. One woman falls ...

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 ...

Caleb Hammer interviews a 52 year old business owner. The business owner realized that his company is a pyramid scheme. He also reveals he has $50k+ in debt.