The Better Business Bureau (BBB) has issued a warning about Lightning Shared Scooter Company LLC (LSSC), which the consumer protection group alleges is operating as a pyramid scheme. LSSC has been ...

A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of big profits.

A 13-year search for justice by close to 40,000 victims of the country’s biggest pyramid scheme scam yesterday ended in yet another heartbreak.

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 ...

What Is a Ponzi Scheme? Ponzi schemes typically lure in investors by promising high returns with little to no risk. Because initial investors often see high returns at first, early Ponzi schemes often ...

Being able to sit in your PJs all day while you work from home with a schedule you set for yourself sounds great, right? Today, there are more and more opportunities to work for a multi-level ...

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 ...

Consumers across Fiji are being urged to exercise extreme caution regarding an online platform operating under the name SFCVIBE Rating Limited. The Consumer Council of Fiji says recent evidence ...

Authorities in Pacific Islands countries including Vanuatu and Tonga are currently warning about pyramid schemes being promoted to their citizens on social media. New Zealand's Financial Markets ...