Three masterminds of a pyramid scheme were sentenced for founding and operating the scam that cost investors 23 million dollars. The trio was named Alex Dee, of Texas, Brian Kaplan, of Colorado, and ...

KANSAS CITY, Mo. (KCTV) - The founders of a supposed marketing company that was revealed to be an illegal pyramid scheme that swindled $23.5 million from members have been sentenced to prison. The U.S ...

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 ...

DENVER (KDVR) — Federal officials said a Fort Collins man was one of three people sentenced Monday for founding and operating a Wyoming corporation called “8 Figure Dream Lifestyle” as an illegal ...

Mecklenburg County’s one competitive state Senate race has been defined, in part, by the Democratic candidate’s past work in sales for a company that the federal government said was a pyramid scheme.

A gripping new documentary miniseries is bringing attention to multilevel marketing platforms. "LuLaRich," available on Amazon Prime, chronicles the story of LuLaRoe, a clothing empire famous for its ...

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 ...

Barack Obama paid his first and still only visit to Egypt in the late spring of 2009. As a new President looking to turn the page on the George W. Bush era, he traveled to Cairo to deliver an address ...