Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply ...
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 ...
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 ...
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 ...
Riaan van Rooyen, one of the liquidators appointed to the Mirror Trading International estate, was taken to hospital by ...
Leave it to Megan Abbott to tap into the American zeitgeist and play on her readers’ fears like a conductor leading a doomsday orchestra. As high school and college graduates across the country ...
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 ...
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