News

Pyramid schemes have a lot of names. Some call them boards, blessing looms, sou sou. Regardless of what they are called, the Better Business Bureau says it is a scam.
In multilevel marketing companies (MLMs), the only relationships permitted are hierarchical ones. Participants can talk to ...
In case you don't know, BuzzFeed has a daily word game called Pyramid Scheme. BuzzFeed It's a daily puzzle with 15 letters, and you have to connect the letters to make words where every letter is ...
What seemed like a too-good-to-be-true opportunity in micromobility has turned into a cautionary tale. The Lightning Shared ...
"Secret Sister" gift exchange circulating again on Facebook asks users to send one gift valued at $10 or more to get up to 36 gifts in exchange, the BBB says it's a "pyramid scheme." ...
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 ...
A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products.
Attorney General Tom Corbett announced that the central figures in the alleged pyramid scheme are Brian Murray, 67, and Oliver-Shean, 51, and both are charged with a series of crimes that include ...
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.
Mary Kay isn’t the only pyramid scheme out there that targets stay-at-home wives and mothers looking for quick cash, an emotional support system, and — perhaps most of all — empowerment ...
A builder accused of defrauding customers of more than £2m denies his business was nothing but a pyramid scheme. Mark Killick ...