Here's What Seniors Need to Know About Pyramid Schemes

Pyramid schemes are nothing new. For example, in the 1920s, Charles Ponzi promised investors high returns on postal reply ...
Salon

Multi-level marketing is a scam — here’s why people fall for it

Most Americans have been aware for some time that multi-level marketing schemes are bad — either through recent books or documentaries like LuLaRich. But did you know exactly how bad? Bridget Read, ...
Yahoo

Bentley student-athletes disciplined over pyramid scheme using Venmo, lawsuit claims

Bentley University is facing a lawsuit from a former student-athlete who claims he was wrongfully expelled from the school weeks before graduating after being caught up in a student pyramid scheme.
Los Angeles Times

A pyramid scheme seemed like a good idea — until one of the Bishop sisters was murdered

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 ...
Washington Times

Pyramid scheme: Archaeologists question claim of ‘huge city’ beneath Egypt’s Giza Plateau

A research team’s astonishing claims that they discovered massive underground structures extending hundreds of feet deep beneath Egypt’s Khafre Pyramid sound like science fiction to experts. Scottish ...
WPXI

BBB warns of nationwide pyramid scheme tied to fraudulent electric scooter company

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 ...