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 ...

Pyramid schemes are very simple to understand. You tell the first round of investors that your scheme will make them rich. So they give you their money. When the second round of investors comes, you ...

The Better Business Bureau is warning of a pyramid scheme that promises easy money via a “Blessing Loom.” According to the BBB, victims of the scam receive direct messages through social media – most ...

Q: Some friends continue to try to recruit me into network marketing deals that seem like some type of money game or pyramid. Other friends tell me they’re illegal and I’ll get into trouble. How do I ...

TOKYO -- Two Tokyo men were arrested Nov. 30 on suspicion of running a pyramid scheme where they told investors that they would be paid to buy and eat "special eggs," the Metropolitan Police ...

BANGKOK: Thai police have arrested 18 people, including three celebrities, and seized luxury sports cars and millions of dollars in connection with a pyramid scheme selling health and dietary ...