A couple months ago, I was introduced into the world of blessing looms and detailed how this one specific blessing loom was an illegal pyramid scheme. Unfortunately, these schemes have been on the ...
Have you ever heard of someone who claimed to make a lot of money by investing in a new cryptocurrency or a trading program that promised high returns? Did they also tell you that you could join them ...
Bridget Read shares an investigation into the tricks and sleights of hand used in multilevel marketing. Her new book is a history of multilevel marketing, or MLM.. and investigation into how most ...
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 ...
The Government of New Zealand has previously funded Branislav Hock's research on pyramid schemes but not directly related to this article. The Government of New Zealand has previously funded research ...
Ponzi schemes pay out early investors with money from later investors. They differ from pyramid schemes in that Ponzi schemes are presented as investments with large returns, rather than business ...