After losing his money in a pyramid scheme, a man in China tricked his family out of 300,000 yuan (US$42,000) by fabricating a story about suffering an injury in a cycling accident. Zhang Meng was one ...

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 ...

The Better Business Bureau Serving Connecticut reports that two people in-state were recently conned by a pyramid scheme, losing thousands of dollars. BBB officials are warning investors across the ...

Four executives at Filecoin mining firm Shenzhen Shikongyun Technology were slapped with criminal charges in Guangxi for running a pyramid scheme Enticed with high returns, nearly 100,000 people ...