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 ...

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 ...

Scammers want you to believe they're offering you a legitimate money-making opportunity. Seniors are seen as prime targets due to the potential that they have money saved for retirement. If an ...

MULTI-LEVEL marketing company Herbalife USA has agreed to settle a class-action lawsuit that alleges its business model is a pyramid scheme. The suit was initiated by a Herbalife distributor in ...

One victim in Mallorca is said to have lost €310,000. A scheme in Mallorca came to light some years after a similar one in ...

The “Direct Sales Consumer Protection Act” is being carried by Sen. Clay Yarborough ( SB 712) and Rep. Ryan Chamberlin ( HB ...